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Business for Sale Summary

Kitchen & Bath Installation-Showroom- Fabrication - 31149

Business Type: bldg materials/hardware/garden,home furniture/ furnishings,misc. retail/non-classifiable,misc. servicel/non-classifiable,other business services,lumber and wood products,new to market,seller financing available,furniture and fixtures
Kitchen & Bath Installation-Showroom- Fabrication
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This business has received 43 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $1,500,000 Down Payment $1,500,000
Gross Revenues $2,278,939 Lease Remaining Register Free to View
Owner’s Cash Flow $508,674 Number of FT Employees Register Free to View

Financing

$1,500,000 Down and Will entertain a 50% working partner for $750K, plus working capital.

Business Description

Kitchen & Bath Sales, Installation and Showroom with on-site Fabrication. Serving all of Suffolk County, this is a solid business with a 30 year track record of success. In fact, over the past 5 years they have shown consistent year over year growth with gross sales of approx. $2,278,939.40 last year. That translates to a net profit of approx. $508,674.00. The business is fully turn-key and housed on a 1/2 acre lot including a 2,900 sq. ft. showroom and a separate 4,000 sq. ft. fabrication shop. The sales prices includes over $300K in furniture, fixtures and equipment. The owner has come to a point where he is working at full capacity and either needs to sell or bring on a 50% working partner to help take the business to the next level. In recent months they have only been taking 2 out of every 5 jobs they are offered. There is immediately growth to be captured with the business they are turning away. We are seeking a serious and financially qualified buyer for an outright purchase or a 50% working partner with at least $750K in liquid funds for an initial equity purchase, plus additional working capital. To learn more, please call or email Mel Vaz today at 877-735-5224 or melvaz@vestedbb.com. ALL SITE VISITS MUST BE MADE BY APPOINTMENT ONLY.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.