Premier Kitchen & Bath Showroom with Real Property

Dona Ana County, NM

Premier Kitchen & Bath Showroom with Real Property
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Asking Price: $2,600,000

Cash Flow: $566,148

Gross Revenue: $6,602,082

EBITDA: N/A

FF&E: $714,497

Inventory: $100,000

Real Estate: $850,000

Established: 2004

Premier Kitchen & Bath Showroom with Real Property

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Business Description

This business has generated over $740K in income in the last 10 months

Working with homeowners, builders and contractors, this full-service kitchen, bath and flooring business dominates the Southern New Mexico market. This turnkey business is the one-stop shop for new home and remodel projects. The well-appointed showroom and slab yard is a place where customers can browse the latest in cabinetry, countertops, flooring, decorative tile and hardware. It is a welcoming and harmonious space. Here customers, no matter their budget or stylistic preference, can bring their vision to life.

Integrated design, estimating, fabrication and installation services make for an easy and seamless wraparound experience. Each of the company’s divisions are overseen by a manager, who drives forward on the business’ philosophy to deliver on high standards of professionalism and caring customer service.

A strong reputation, word-of-mouth referrals and repeat business has fueled the business’ growth. Since opening in the early 2000s, its footprint has expanded throughout southern and eastern New Mexico and into Texas. Its fleet of eighteen vehicles and trailers, including in the FF&E, can be seen throughout the region.

Approximately eight out of every ten new homes features this company’s products. The established client base numbers over 100 builders and no account represents more than 10.5% of sales. Key client relationships are held by employees.

Attached Documents


Detailed Information

Location:
Dona Ana County, NM
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
10,000
Employees:
34 FT, 2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
New owners will take over a nearly 10,000-square-foot facility on one-plus acre lot in a high traffic area. Strong signage and an attractive street presence make the most of this high visibility location. A recent remodel has increased foot traffic. A fully equipped shop, warehouse and slab yard occupy the same location, making for easy executive oversight and tight integration between the teams. The Seller is also willing to negotiate a Triple Net Lease at the current market rent.
Competition:
This business enjoys an established and dominant market position with an active base of repeat customers.
Growth & Expansion:
New owners will take advantage of ongoing investments in equipment, professional training, and product lines to continue to grow this business.
Support & Training:
Training and support will be provided during the transition phase.
Reason for Selling:
Retirement
Business Website:
http://sunbeltnewmexico.com
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Michael Greene

Business Listed By:
Michael Greene

Sam Goldenberg & Associates

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