Retail of European kitchens and home/commercial remodeling company

Harris County, TX

Seller Financing Available
Retail of European kitchens and home/commercial remodeling company
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Asking Price: $750,000

Cash Flow: $201,340

Gross Revenue: $843,930

EBITDA: N/A

FF&E: $30,000

Inventory: $250,000

Rent: $1.92 /Month

Established: 2015

Retail of European kitchens and home/commercial remodeling company

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Business Description

high end kitchen showroom in high traffic area

This company is unique in the Houston area and offers remodeling services and european high end kitchens to affordable prices. The customer base is diverse and includes Designers, builders, commercial and residential customers.
Additional this company offers high quality european windows and security doors.
A well established relationship to overseas suppliers and shipping companies with established credit history.
There is a high demand for high end quality european kitchens in the Houston area and its international character for a fair mid price range.
Therefore there is no competition in price, only high end luxury kitchen retailer can compete in quality and design but not in price. This enormous potential led to a very fast growth and plus in revenue.
Advertising and word of mouth of satisfied customers lead to an increasing customer base.

Detailed Information

Location:
Harris County, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
7/31/2021
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,400 sq.ft. showroom with kitchen and vanity displays, The showroom has 7 kitchens on display. 2 kitchens are fully equipped with working appliances and ready for cooking events or cooking school. Mens and womens bathroom available. 1000 sq.ft. warehouse Delivery truck with advertising, tool van, all tools necessary for kitchen installation and remodeling. Ready to go. (Home Based)
Competition:
There is a high demand for high end quality european kitchens in a fair mid price range in the Houston area with its international character . Therefore there is no competition in price, only high end luxury kitchen retailer can compete in quality but not in price.
Growth & Expansion:
in only 3 years this company had an enormous growth in sales which is steadily raising and will lead to possible more locations in the future
Support & Training:
training and transition period is flexible by agreement and needs of new owner
Reason for Selling:
health and family
Home-Based:
This business is Home-Based
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Business Listed By:
Heinz Koehler

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