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Business for Sale Summary

Bath, Kitchen, & Tile Company for Sale in New York - 37032

Business Type: home furniture/ furnishings,misc. retail/non-classifiable,other business services,owner financing available,construction special trades
Owner Financing
Bath, Kitchen, & Tile Company for Sale in New York
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Financial Information (non-confidential)

General Information
Asking Price $199,000 Down Payment $149,000
Gross Revenues $300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $75,000 Number of FT Employees Register Free to View

Financing

$149,000 Down and $50k for 48 months @ 6%

Business Description

Attention contractors and builders: this well-established bath, kitchen, and tile remodeling company has been in business for 35 years and enjoys a stellar reputation. This turnkey operation specializes in tile, stone, and mosaics.Also bathroom vanities, kitchen cabinets, and countertops. The business boasts exceptionally low rent at just $2,300 per month for 1,300 sq ft, which includes a newly renovated showroom featuring multiple tile and cabinet displays, an office, and a garage that serves as a tool and work area, with space for storage and parking trucks. Profit margins are extremely high due to direct relationships with multiple cabinet manufacturers, eliminating the middleman. Renovation profit margins are up to 40-50%, offering the new owner a competitive edge. The seller will also introduce the new owner to multiple contractors and builders with whom they have long-standing relationships. This is a compelling opportunity for growth and long-term success. To learn more, contact the broker, Tony Sica, at 516-330-8558.

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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.