Retail of European kitchens and home/commercial remodeling company

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high end kitchen showroom in high traffic area
Asking Price:
$750,000

Gross Revenue:
$843,930
Cash Flow:
$201,340
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$250,000
included in asking price

FF&E:
$30,000
included in asking price

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Business Description

This company is unique in the Houston area and offers remodeling services and european high end kitchens to affordable prices. The customer base is diverse and includes Designers, builders, commercial and residential customers.
Additional this company offers high quality european windows and security doors.
A well established relationship to overseas suppliers and shipping companies with established credit history.
There is a high demand for high end quality european kitchens in the Houston area and its international character for a fair mid price range.
Therefore there is no competition in price, only high end luxury kitchen retailer can compete in quality and design but not in price. This enormous potential led to a very fast growth and plus in revenue.
Advertising and word of mouth of satisfied customers lead to an increasing customer base.

About the Business

Location:
Harris County, Texas
Year Established:
2015
Number of Employees:
10
Home Based:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,400
Rent:
$1.92 Per Month
Lease Expiration:
7/31/2021
Facilities:
2,400 sq.ft. showroom with kitchen and vanity displays,
The showroom has 7 kitchens on display. 2 kitchens are fully equipped with working appliances and ready for cooking events or cooking school. Mens and womens bathroom available. 1000 sq.ft. warehouse
Delivery truck with advertising, tool van, all tools necessary for kitchen installation and remodeling. Ready to go.
Market Outlook/
Competition:
There is a high demand for high end quality european kitchens in a fair mid price range in the Houston area with its international character .
Therefore there is no competition in price, only high end luxury kitchen retailer can compete in quality but not in price.
Growth & Expansion:
in only 3 years this company had an enormous growth in sales which is steadily raising and will lead to possible more locations in the future
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About the Sale

Reason For Selling:
health and family
Training/Support:
training and transition period is flexible by agreement and needs of new owner

Listing Info

ID:
1450797
Ad Detail Views:
0

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Business Listed by
Heinz Koehler

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