37221-Kitchen and Bath Design-Supply-Installation

TX

Seller Financing Available
37221-Kitchen and Bath Design-Supply-Installation

Asking Price:$800,000

Cash Flow:$343,000

Gross Revenue:$1,850,000

EBITDA:$272,000

FF&E:$200,000

Inventory:N/A

Real Estate:N/A

Established:1986

37221-Kitchen and Bath Design-Supply-Installation

Get Financing Save Print Share Valuation Report

Business Description

This residential kitchen and bath company is located near Houston, Texas, and keeps a low inventory overhead. This retail business specializes in designing and installing fine custom cabinetry. They also sell countertops, state-of-the-art appliances, plumbing fixtures, decorative hardware, and lighting. This business works with every customer to tailor their kitchen and bath according to their lifestyle and budget. They are known for their unique design as well as their beautiful American and European-made cabinetry in all styles and finishes. The business is located in an optimal location between well-established residential area and booming new builds. Their specialty lines include Wood-Mode/Brookhaven, SieMatic, Shiloh and more!

In business since 1986 under the original founder, the current partnership starting in 2006. After years of hard work and dedication the original owner has decided to retire and let a new owner take this business to the next level. This is a great opportunity to take a business that is already successful and build on that foundation to secure your future. This owner-operated business is managed in a hands-on fashion, giving the owners full control over the quality of products and the customer service provided. Out of their total revenue, 60% comes from cabinets, 10% from design services, 10% from countertops, and 20% from installations, plumbing, and hardware. This company offers a new owner a successful business with stable revenues. Equipment and inventory included in the sale, contact us more details are available.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in a well-maintained design center that caters to retail as well as designers and the building trade. The business typically services a 50 mile radius in which it can be relocated. Approximately 25% of their services are outside of that radius with projects in other states. The leased suite is approximately 2,000 sq ft, featuring a showroom and four offices, 3 of which are shared.
Competition:
20% repeat clientele. Customers are brought in through social networking, website exposure, print ads in high-end magazines and 20% referrals. Customers choose this business because of its excellent customer service, beautiful showroom, and great selection of cabinetry and other items for kitchens and baths. Throughout their years in business, this company has built a great reputation in the area as well as many loyal customers.
Growth & Expansion:
There are many effortless growth opportunities for this business. An assertive new owner might consider expanding the business by offering construction and remodeling services, which could easily double or triple revenue. Another opportunity comes from stronger sales efforts such as outside sales and stronger marketing efforts with a sales team.
Financing:
Negotiable up to: 20.00 %.
Support & Training:
Key employees will most likely stay after transition. The owner is available for a reasonable transitioning period.
Reason for Selling:
Approaching retirement.

Listing Statistics for Premium Members

Ad#:1143610 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Buyer Division

Business Listed By:
Buyer Division

IAG

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Scout & Molly’s Boutique

Franchise Opportunity
Capital Required: $225,000