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Business for Sale Summary [Non-Confidential]

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Nassau County, NY

Business Type: construction businesses,special trades,misc. construction/non-classifiable,special situations,new to market,retailing businesses,bldg materials/hardware/garden,misc. retail/non-classifiable,services businesses,professional services

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Non-Confidencial Financial Infomation

  • Asking Price

    $69,000.00

  • Gross Revenues

    $400,000.00

  • Financing

    $ 69,000.00 Down and Possible for a Buyer with Experience in the Industry.

  • Owner's Cash Flow

    $41,660.00

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Disclaimer: The information in these listings is provided by the Seller. Vested Business Brokers, Ltd. has not independently verified this information. Our Brokers are not authorized to make any representations or warrantees. You agree to hold Vested and its associated brokers harmless for any misrepresentations made by seller.

Business Description

High Growth Kitchen Cabinet Store. The brainchild of a very successful entrepreneur, this store specializes in a very high growth segment of the home improvement industry. US kitchen cabinet manufacturing is very expensive and retailers of these lines have seen margins eroding away over the years. This company sells high quality kitchen cabinets manufactured in China. The cost is much lower leading to higher margins and profits to the owner. He has a larger distribution company for these products and is selling off this retail location as he has little time to be there. It is run virtually absentee. He will stay on as your distributor. ALL FINANCIALS ARE VERIFIABLE THROUGH QUICKBOOKS. The work is relatively easy for someone with some carpentry, contracting, or construction background. There is also some design aptitude necessary. All cabinets are stock, only the design work is customized to the client. You can do the installation if you like, or sub contract the work. The seller will train up to 90 days. 2011 Gross Sales were approx. $400,000 with a Net Income of approx. $40,060.00 for an ABSENTEE OWNER. WE ARE LOOKING FOR SERIOUS AND FINANCIALLY QUALIFIED BUYERS WITH SOME EXPERIENCE IN THIS FIELD. The name is not included in the sale. If you meet the criteria, call or email Mel Vaz today to learn more at 631-909-1095 or mvaz@vestedbb.com.

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