Kitchen & Bath Installation-Showroom- Fabrication - 31149

Suffolk County, NY

Seller Financing Available
Kitchen & Bath Installation-Showroom- Fabrication  - 31149
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Asking Price: $1,500,000

Cash Flow: $508,674

Gross Revenue: $2,278,939

EBITDA: N/A

FF&E: $300,000

Inventory: $175,000*

Established: N/A

*not included in asking price.

Kitchen & Bath Installation-Showroom- Fabrication - 31149

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Business Description

Kitchen & Bath Installation-Showroom- Fabrication - 31149

Kitchen & Bath Sales, Installation and Showroom with on-site Fabrication. Serving all of Suffolk County, this is a solid business with a 30 year track record of success. In fact, over the past 5 years they have shown consistent year over year growth with gross sales of approx. $2,278,939.40 last year. That translates to a net profit of approx. $508,674.00. The business is fully turn-key and housed on a 1/2 acre lot including a 2,900 sq. ft. showroom and a separate 4,000 sq. ft. fabrication shop. The sales prices includes over $300K in furniture, fixtures and equipment. The owner has come to a point where he is working at full capacity and either needs to sell or bring on a 50% working partner to help take the business to the next level. In recent months they have only been taking 2 out of every 5 jobs they are offered. There is immediately growth to be captured with the business they are turning away. We are seeking a serious and financially qualified buyer for an outright purchase or a 50% working partner with at least $500K in liquid funds for an initial equity purchase, plus additional working capital. To learn more, please call or email Mel Vaz today. ALL SITE VISITS MUST BE MADE BY APPOINTMENT ONLY !

Detailed Information

Inventory:
Not included in asking price
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
500,000.00 Down & $1mil. over 5 yrs. @ 6%. ( Also, will entertain a 50% working partn
Support & Training:
Yes
Reason for Selling:
Divesting or taking on a partner
Business Website:
http://www.vestedbb.com
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(from currently available funds)
 
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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