The business is NOT CURRENTLY PROFITABLE. It has substantial monthly revenue still but is cashflow NEGATIVE. However there is around $1.5 MILLION in inventory that comes with the sale.
This is a DISTRESSED BUSINESS SALE to take over a well established, high-end bathroom vanity business with around $1.5 million in inventory and massive customer demand as well as EXISTING PARTNERSHIPS WITH HOME DEPOT, LOWES, HOUZZ, MENARDS and many more.
THIS IS FOR A BUYER WHO HAS TURNAROUND/ DISTRESSED EXPERIENCE AND HAS LIQUID CAPITAL AVAILABLE IMMEDIATELY.
NO SBA. NO LENDING. MUST BE A LIQUID BUYER WITH TURNAROUND EXPERIENCE. IDEALLY A BUYER IN THE BATHROOM VANITY OR RELATED SPACE.
Currently running out of 100,000 Sq. Ft. Warehouse with 7 full time warehouse staffers.
Aprox. $300k PER MONTH revenue. (WAS OVER $1 MILLION/MONTH)
Business Model Overview
The business operates as a vertically integrated designer, importer, and multi-channel distributor of premium bathroom products.
Manufacturing:
Designs own collections and partners with factories in China & Vietnam
Wholesale:
Sells to dealers, contractors, builders, and design professionals
Big-Box Retail:
Strategic partnerships with Home Depot, Lowe’s, Menards, Canadian Tire
E-commerce:
Marketplaces + BEAUTIFULLY BUILT dealer website serves as brand & catalog site
Showroom Network:
Specialty kitchen & bath dealers and design showrooms
This company controls product development from concept to finished goods.
• Designs proprietary collections in-house
• Develops detailed product specifications and quality standards
• Partners with carefully selected factories in Vietnam, China, Turkey, Italy, Indonesia, Spain and Malaysia
• Does not operate its own large-scale manufacturing facility
• Focuses on quality control, branding, and supply chain management
• Imports luxury products directly into the United States
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FOR NDA AND FULL DATA ROOM INCLUDING ALL FINANCIALS FULL OUT CONTACT FORM TODAY
Ad#:2006202