Kitchen and Bath Showroom-Southeastern Mass.- Growing Fast!

Plymouth County, MA

Seller Financing Available
Kitchen and Bath Showroom-Southeastern Mass.- Growing Fast!
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Asking Price: $479,000

Cash Flow: $213,000

Gross Revenue: $996,000

EBITDA: N/A

FF&E: $10,000

Inventory: $5,000

Rent: $2,875 /Month

Established: 2011

Kitchen and Bath Showroom-Southeastern Mass.- Growing Fast!

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Business Description

This highly profitable kitchen and bath firm has been growing actively for several years. Capitalizing on its excellent reputation and its customer service focus, the business works closely with homeowners to fulfill their dreams for updated kitchens and bathrooms, with new cabinetry, countertops, and flooring.

The company performs excellent demolition, design, installation, and project management services. A successful buyer will have good selling skills and ability to manage people. There is no need to be a designer, architect, or tradesperson.
The company works with cabinet and fixture suppliers and stone yards to provide materials and with sub-contractors to perform most installation work, including electrical, plumbing, tile-setting, and painting.

Their market is an affluent part of the state near the coast where there is active building and renovation going on.

We have so much more information about this business that we want to share with you, including a full summary and revenue/expense breakdown. But this is a very confidential listing. So, in order to share the details we will need you to fill out the "Contact the seller" area on this page and provide the requested information. You will be asked to sign a non-disclosure agreement.

Detailed Information

Location:
Plymouth County, MA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
1/31/2021
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business operates in attractive rented space, with an excellent display of kitchen settings, along with tile, stone countertop, flooring, and other samples. The location is just off a major, numbered state highway and is very accessible. A forklift is used to move large containers, stone slabs, and cabinets. There is ample free parking.
Competition:
The business has grown and prospered by attention to detail and customer service. They depend largely on word-of mouth and referrals to meet new prospects. There are competitors but the "HGTV" effect has created a constant flow of inquiries for new kitchens and baths.
Growth & Expansion:
The Company could do larger and more complex projects and it could advertise more widely. They have succeed by not changing their basic formula of using material and fixture suppliers to provide product and sub-contractors to help fulfill the jobs. This is a hands-on business which cannot be performed over the Internet or by Big Box stores.
Financing:
For creditworthy buyer
Support & Training:
Seller will fully train the buyer. The existing staff is expected to stay and provide continuity.
Reason for Selling:
Family demands
Business Website:
http://goodmanonline.com
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(from currently available funds)
 
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Peter Quandt

Business Listed By:
Peter Quandt

Goodman And Company Business Brokers

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Sponsoring Broker:
Peter Goodman, CBI

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