Kitchen and Bath Showroom and Design Center

Palm Beach County, FL

Kitchen and Bath Showroom and Design Center
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Asking Price: Get Financing: $149,000

Cash Flow: $32,924

Gross Revenue: $1,093,309

EBITDA: $32,924

FF&E: $35,000

Inventory: N/A

Lease Rate: $1 /SF/Month

Established: 2012

Kitchen and Bath Showroom and Design Center

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Business Description

Kitchen and Bath design center and showroom that offers its customers a one-stop shop of complete cabinet, flooring, tile, and countertops solutions for their home improvement needs. Operated for six years by same owner in a deluxe 10,000 sq ft facility with outstanding signage, total net rent is just $3500/month. Company's new outdoor kitchen line is very hot with much higher margins; contract recently secured to sell in new homes for high-end local builder. New management can replace some of management overhead by taking on a more hand-on approach. Most of the business is for residential remodeling work, just 15% for new construction. Company does not do installation, it only sells whatever the customers desires, designs the project (doing fabrication work if necessary), and then recommends qualified contractors. Perfect situation for buyer who is knowledgeable in the remodeling industry and can take this company to the next level of profitability. Asking only $149K. All equipment and inventory in showroom included. Please contact Martin Berliant at 561-827-1181 or email for more information. Nondisclosure form is required.

Detailed Information

Real Estate:
Leased
Building SF:
1
Lease Expiration:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
two weeks
Reason for Selling:
other business interests
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(from currently available funds)
 
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martin berliant

Business Listed By:
martin berliant

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