MergerPlace

Highly Profitable Kitchen Design Studio

Los Angeles County, California (Los Angeles)


  • Asking Price: $750,000
  • Gross Income: $1,860,413
  • Cash Flow: $491,412
  • Real Estate: $2,737
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #223284
  • Established: 1990
  • Employees:

Business Description

This highly profitable kitchen design studio is located in a prime area of LA and is an exclusive distributor for a highly respected, high-end, custom kitchen manufacturer. The manufacture is well known as a premier designer and manufacturer of high-quality kitchens. The showroom for this business offers an extensive selection of kitchen cabinetry and provides design and installation services. In addition to kitchen design, company offers closet systems, bathroom vanities, entertainment centers and appliance solutions.

Majority of customers are high net worth individuals referred by their contractor/designer/architect or past clients. Median cost of a project is $130,000+/-. As per Seller, even with the slowdown from Covid-19 earlier this year, 2020 projected gross income should hit $1.7M - $1.9M, depending on production schedules and there are several design orders in the pipeline. The business will benefit from the continuing trend of people remodeling their existing homes.

Seller runs this business by himself on a “relaxed” Monday – Friday schedule with (1) Independent Contractor designer and several IC installers. The purchase price consists of a large list of FF&E and includes several displays at an estimated cost of $450,000+/-. Seller is willing to consider seller finance for a qualified buyer with good credit and a significant down payment.

Seller is retiring after many years in the business. Prospective buyer should have experience in dealing with high-end products/furnishings and with high net worth clientele. Buyer should have a general contractor’s license (B license) for the installation otherwise buyer will have to outsource the installation similar to what competitors do (seller will discuss further). Call broker for further details on this unique opportunity to own a highly respected kitchen design studio in Los Angeles.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email info@certifiedbizbroker.com to receive a confidentiality agreement and learn more about this opportunity.


Business Details

Primary Business Category: Contractors - Special Trade
Location: California
Metropolitan Area: Los Angeles County
County: Los Angeles

Company Information

Year Established: 1990
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees:

Financial Information

Asking Price: $750,000
Gross Revenue: $1,860,413
Cash Flow: $491,412
Real Estate: $2,737
Seller Financing Available: Yes

Property Information

Facilities:

Retail showroom located on major boulevard Design showroom features selection of cabinetry designs $13,500/mo rent (1) 5-year option

Growth & expansion opportunities:

Seller to discuss

Competition:

As per seller, competition in this high-end space is limited. Buyer to investigate the marketplace.

Reason for selling:

Retiring

Support & Training:

Seller will provide training at no cost to qualified buyer.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Matt Coletta

Certified Business Broker