| Asking Price |
$300,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$1,180,000 | Real Estate |
|
| Cash Flow |
$50,000 | Year Established | 1979 |
| FF&E |
$126,000* | Employees | 3 |
* included in the asking price
** not included in the asking price
In business for more than 30 years, this company designs and sells kitchen cabinets, baths, and wall units. Individual sales range from several thousands of dollars to tens of thousands of dollars. The firm has an excellent reuptation in the marketplace and excells in cuatomer service. They act in a true "agency" relationship with the customer, taking full responsibility for their own work and that of the manufacturers he represents. The owner is growing tired and wants to spend more leisure time with family. He is, however, willing to stay on longer term as a salesman if the new owner so desires. The company sells primarily to builders, contractors, homeowners, and management companies.
Facilities: The facility is a 2200sq.ft. showroom and office in a desireable area of Nassau County. The monthly rent is $3500.00 and the lease is for 5 years with a 5 year option.
Competition: Local competition has not grown in the past three years. Local competition is actually declining due to the fact that they are not staffed by competent designers. The business has a stellar reputation in the local marketplace.
Growth/Expansion: There is significant expansion opportunities for a new owner willing to woek hard and maintain the excellent customer service of the current owner. As sales have declined in the early part of 2009 for most competitors, this business is actuallt growing and sales are quite robust.
Financing: Seller will finance a significant portion of the selling price.
Support/Training: The owner is willing to train for an extended period of tme to ensure that the new owner is successful.
Reason Selling: Owner wishes to semi-retire but is willing to stay on a a commissioned salesman.

Michael Cantelmi
516-428-3392
The PMC Group
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