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Profits in RTA Cabinetry/Flooring Building Quickly

Los Angeles, CA (Los Angeles County)

Seller Financing Available
Profits in RTA Cabinetry/Flooring Building Quickly
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Asking Price: $1,490,000

Cash Flow: $408,971

Gross Revenue: $4,620,720

EBITDA: N/A

FF&E: $270,000

Inventory: $800,000*

Established: 2016

*not included in asking price.

Profits in RTA Cabinetry/Flooring Building Quickly

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Business Description

Profits in RTA Cabinetry/Flooring Building Quickly

Confidential Information Memorandum (CIM) available upon receipt of our short online NDA - visit here: http://www.pronovapartners.com/engagement/profits-in-rta-cabinetry-flooring-building-quickly/

The explosive growth of this ready-to-install cabinetry and flooring distribution Company is the result of prioritizing a multi-faceted marketing plan that has attracted customers at the wholesale and retail level. In combination with quality products offered at great prices and backed by superior customer support, revenue has skyrocketed.

Detailed Information:

This wholesale distribution business specializes in supplying high-quality wood cabinetry, SPC & WPC flooring and complimentary fixtures at excellent prices backed with exceptional service.

At the heart of the Company are two partners who launched the Company with a strong vendor network, a large customer base, and years of corporate experience. The result is a Company that has grown into a $5 Million-plus revenue-producing and profitable business in just 3 years.

The partners analyzing the market and original design manufacturers (ODMs) not with the singular goal of importing, but to develop their own cabinetry and flooring brands. They visited more than a dozen Asian factories to find manufacturers who were able to provide both the quality demanded by the marketplace; at a price point appealing to customers that also provided the best profit margins as well. Those products are then supported by a network of distributors and dealers.

Although many competitors struggle with marketing and self-promotion, these executives boldly jumped onto multiple marketing platforms to launch and create demand for their brands and it has been quite successful, and will continue to grow as the company and product names become more recognizable.

This could be a strong candidate for L1/EB1C or other immigration visa programs through acquisition of a business.

Detailed Information

Location:
Los Angeles, CA
Inventory:
Not included in asking price
Employees:
23
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The primary location is a 30,000 square foot warehouse and distribution center. and three retail locations. Three secondary retail locations help reach a wide variety of consumers. Together, these operations created an internalized distribution system, enhanced its logistics schedule, and increased access to products and services.
Competition:
Despite being a competitive industry, there are a wide variety of manufacturers that created a wide variety of products in a wide range of quality and price points that appeal to a multitude of customers. This business's real wood products are priced to span many levels of buyers.
Growth & Expansion:
As more retail locations open, it would be wise to establish another central warehouse location to better serve contractors and dealers farther away from the current headquarters. There is much potential to open new retail locations in the San Fernando Valley, in the greater San Diego area and in San Bernardino County where new construction is booming.
Financing:
Under the right terms and conditions to well-qualified buyers
Support & Training:
4 weeks at 20 hours per week.
Reason for Selling:
To position and facilitate the company and brands for long term growth.
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Terie Salinas

Business Listed By:
Terie Salinas

ProNova Partners

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