Take High Class New Cabinet Sales/ Installation Shop to Next Level

GA

Take High Class New Cabinet Sales/ Installation Shop to Next  Level
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Asking Price: $325,000

Cash Flow: $60,846

Gross Revenue: $711,917

EBITDA: N/A

FF&E: $42,154

Inventory: $2,250

Rent: $1,789.20 /Month

Established: 2014

Take High Class New Cabinet Sales/ Installation Shop to Next Level

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Business Description

This Business is located in a very high income shopping center in a very high income area. The future prospects are outstanding. You can learn from the current Owner's past mistakes by not repeating them. Additionally, the current Owners are willing to work with you to assist in your success. They have the subcontractor contacts. They have the materials contacts.

The current Owners got themselves into financial difficulties by using high interest credit cards. They also depleted their Retirement Accounts. We have done an analysis of Owner's Discretionary Cash Flow (ODCF.) If you run the Business the correct way, you will make money. You can build upon roughly $700,000 in sales and exceed $1.0 million your first year. They have priced the Business at a bare bones minimum so that they can pay off their debts and pay me my fee.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,260
Lease Expiration:
10/31/2023
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,260 sq. feet of INCREDIBLY BEAUTIFUL showroom space. After you sign the NDA and return it to me, I will send you several dozen photos. Large shopping center parking lot.
Competition:
There are competitors. But this Business provides the best quality and the best customer service. Plus they meet deadlines.
Growth & Expansion:
I suggest that an email list be created and monthly email blasts go out. Every prospective customer and existing customer should be approached "nicely" and offered something of value to foster goodwill going forward. All work done from 2016 forward needs to be traced to the source that provided it. Sources that do not create work need to be eliminated. These cost savings can easily add $20,000 to the bottom line.
Support & Training:
The current Owners offer 2 types of support. 1. There will be 4 weeks included in the price. 2. They are willing to enter into an employment agreement. The Husband is an accomplished marketing and salesperson. He will work on straight commission, so you only pay him when he produces a result. The Wife does not need to stay with the Company. If she does, she is a very accomplished business person.
Reason for Selling:
The Husband has intermittent Health Problems
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Contact the Seller

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Loren Marc Schmerler, President & Founder

Business Listed By:
Loren Marc Schmerler

Bottom Line Management, Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The Georgia Association of Business Brokers (GABB).

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