Asking Price:

$175,000

Gross Income:

$707,000

Cash Flow:

$97,247

FF&E:

$55,000.00 *

Inventory:

$185,000.00 **

Real Estate:

N/A

Year Established:

2002

Employees:

5

Business Types:

Home Furniture & Furnishings
Other Business Services

** not included in the asking price

* included in the asking price

Business Description

It is often said that the kitchen is the heart and soul of your home. Keeping this philosophy in mind, this business opportunity is one that transends both time and economic girations. People will always want to make sure their kitchen is the best it can possibly be!

This business offers fine cabinetry, design services, accessories and installation services to complete your new dream kitchen.

The designers work with you to make sure your kitchen not only stands out but is very efficient and functional. They will also help the customer develop a budget or work within their stated budget so they get the best return on their investment.

This company's philosophy has been to make sure every detail of the project is not overlooked and to follow through to completion and the client's satisfaction.

Detailed Information

Facilities:

All Showroom displays, Extra Cabnets in stock and showroom samples. Existing long term lease in place with options to renew.

Competition:

Although competition abounds in the Rhode Island market, this businesse is located in one of the most affluent areas of the state and enjoys an excellent reputation for providing superior kitchen design services and delivering an excellent finished product whether it be counter tops, cabinets or the entire kitchen soup to nuts.

Growth/Expansion:

While the business has suffered a downturn in sales do to the faltering housing market, any up turn will surely mean exponential growth. The savy business professional can take advantage of the company's great reputation and capitalize on the remodeling niche which seems to drive business during the housing down cycles.

Financing:

Seller Financing for Qualified Buyer. Minimum down payment is 50K

Support/Training:

Seller will provide Training to Buyer. Term is negotiable. Seller may be willing to entertain partnership with buyout option for qualified individual.

Reason Selling:

Relocating out of state.