Quality Kitchen Design Company in Superb Location

SC

Seller Financing Available
Kitchen Design & Cabinetry

Asking Price:$392,000

Cash Flow:$142,317

Gross Revenue:$474,963

EBITDA:$70,000

FF&E:$80,000

Inventory:N/A

Lease Rate/Sq. Ft.:N/A

Established:N/A

Quality Kitchen Design Company in Superb Location

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Business Description

This Kitchen Design Center and Cabinetry sales company has been at the same location for decades. The growth in housing sales and re-modeling in this area is excellent. Sales are growing steadily and there is a nice expansion in construction under way. This is an excellent time to acquire this business.
Several important builder/contractor relationships and prospects for sales and profit growth are excellent. Re-model business is very strong
Very nice showroom, lots of sales activity and good sales people on staff. All installs handled by experienced long time subs for the company. Great reputation and prestigious customers. An excellent opportunity. Owner will train. No contracting license required, but even better if buyer has contracting experience. This is a great business and well worth a visit. Good price, as well!
Well positioned to move to next level.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
2 FT, 1 PT, subs
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Nice leasehold, very long time in area, full showroom, long or short term lease or purchase of property or any variation buyer wants.. The property has been a Kitchen Design and Cabinetry showroom/ sales office for three decades. Nice showroom with great lines and up to date FF&E.
Competition:
As one of the most well known of kitchen design companies in the area, it has name recognition and excellent references.
Growth & Expansion:
Plenty of room for growth. Just add more sales and marketing. Infrastructure will support double the sales. This is a very low overhead operation using sub-contractors for labor thus the margins are above average. Owner benefits are derived from 2015 P&L. Although there is competition this is one of the oldest kitchen design companies in the area and is very well known.
Financing:
Depending upon buyer qualifications
Support & Training:
Owner will stay on as needed, but will provide 30 days included with sale
Reason for Selling:
Retire

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John Rommerdale

Business Listed By:
John Rommerdale

J. Rommerdale & Company, Inc.

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