Kitchen and Bath Showroom with Fabrication Shop

Riverhead, NY (Suffolk County)

Seller Financing Available
Kitchen and Bath Showroom with Fabrication Shop
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Asking Price: Get Financing: $1,790,000

Cash Flow: $677,083

Gross Revenue: $2,670,000

EBITDA: N/A

FF&E: $300,000

Inventory: $175,000

Real Estate: $1,450,000*

Established: 1987

*not included in asking price.

Kitchen and Bath Showroom with Fabrication Shop

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Business Description

Consecutive YOY Sales,Gross and Net income Growth

This turnkey operation would be a perfect fit for anyone with general business experience and their attractive business model allows for a seamless transition even by someone not familiar with the industry.With a 30 year proven track record of consistent cash flows and an impressive 5 years of consecutive YOY Sales Revenue, Gross Profit & Net Income Growth, the majority of sales revenue coming from previously satisfied customer referrals & repeat business and over 300,000.00 of FF&E included with this sale, this high quality acquisition opportunity offers a tremendous upside for overall ROI and is well positioned for continued growth moving forward.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
7,500
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Company is currently operated out of a 1/2 acre lot with 2900 sqft of interior showroom space and an additional 4000 sqft interior fabrication shop. The new owner will have the option to lease or buy the property and buildings.
Competition:
Located between 4 major box stores PK still continues to thrive. Perfectly located for both the North and South Forks of Long Island.
Growth & Expansion:
Since the company has mainly relied on word of mouth and repeat business, there are still endless opportunities for growth by expanding marketing efforts and overall brand awareness at minimal costs.
Support & Training:
the owner will work with the purchaser for 2 months to ensure smooth transition, and after will be available as a consultant.
Reason for Selling:
After 30 years in business, the owner is ready to pursue other interests.
Business Website:
http://peconickitchenandbath.com
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Business Listed By:
David Pence

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