2 - Wholesale Cabinet Stores - Absentee Owned

Orlando, FL (Orange County)

Seller Financing Available
Wholesale to the Public
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Asking Price: $385,000

Cash Flow: $217,386

Gross Revenue: $491,735

EBITDA: N/A

FF&E: $65,000

Inventory: $3,000*

Rent: $2,055 /Month

Established: 2012

*not included in asking price.

2 - Wholesale Cabinet Stores - Absentee Owned

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Business Description

2 Perfectly Located Wholesale Cabinet Stores

Two (2) wholesale / retail cabinet stores in central Florida are perfectly located in the areas where people are shopping for home improvement. Both of the locations continue to grow in business and profits all while maintaining a low overhead. They have a list of repeat referral / customers like; local realtors, construction companies and contractors at least 50% of the business comes from the general public.

Little to almost no advertisement has been used to build and maintain the business, however a new owner could implement a marketing or outside sales program and could easily take this business to the next level.

Both of the these locations are currently operating as absentee. Although a new owner could easily increase bottom line, by being an owner /operator. Only open on average of 7 hours each day Monday through Friday and closed on weekends which can also increase the profits, just by simply opening the stores, more hours.

There is no need to cabinets in stock as the current owner has built very long relationships with suppliers / manufacturers to ship as needed, keeping inventory low and the business operates with the buyers 100% down when ordering policy.

All reasonable offers will be considered and current owner is willing to finance up to 50% for a qualified buyer. This could a ROI on your initial investment in less than 11 months.

Contact listing Broker for a full report soon, as this one wont last!!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,700
Lease Expiration:
12/31/2020
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Store 1 is the first location opened in 2012 is roughly 1700 Sft at $2055 including taxes Store 2 was opened in Oct 2018 just over 1600 Sft at $1905 including taxes Both landlords are open to longer lease options.
Competition:
Their competition is the big box stores and they beat their prices every time! When you speak with the owner and see his connections in the industry for deep discounted prices you will understand what the secret sauce is in the profits.
Growth & Expansion:
A little marketing and watch the additional profits come in.
Financing:
$190,000 down
Support & Training:
2 weeks training, Manager in place for both stores
Reason for Selling:
Seller HAS TO MOVE! Seller will explain at Buyer / Seller meeting
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Contact the Seller

(from currently available funds)
 
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Joseph Shemansky CBI

Business Listed By:
Joseph Shemansky CBI

Alpha Acquisitions LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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