MergerPlace

Great Cash Flow!- Kitchen and Bath Sales

New Jersey


  • Asking Price: $795,000
  • Gross Income: $1,917,986
  • Cash Flow: $360,038
  • Real Estate: Not Disclosed
  • Inventory: $117,499
  • FF&E: $91,800
  • Listing ID: #224493
  • Established: 1951
  • Employees: 9 FT

Business Description

The business specializes in kitchens and bath remodeling. The sale price includes both the business and assets. The Real Estate is available for lease or purchase. This should qualify for lender financing. With an award winning showroom and designers on staff, they have worked with thousands of homeowners in creating their dream kitchen and upgrading bathrooms throughout New Jersey. The business also does general remodeling and cabinetry. Great opportunity to step into a turnkey business with a huge pipeline of business.


Business Details

Primary Business Category: Construction - Building, Developing
Location: New Jersey

Company Information

Year Established: 1951
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 9 FT

Financial Information

Asking Price: $795,000
Gross Revenue: $1,917,986
Cash Flow: $360,038
FF&E: $91,800
Inventory: $117,499
Seller Financing Available: No

Property Information

Facilities:

The Real Estate is owned and available for lease or sale. A great, updated showroom with ample parking, shop-yard and a warehouse on premises.

Growth & expansion opportunities:

Potential for growth over the next few years is strong as people continue to remodel their homes in the area.

Competition:

The business has been successful for many years and doesn't really worry about competition. The business's referral network is second to none. The pipeline is strong and jobs are booked for months in advance. They are now scheduling for mid year 2021!

Reason for selling:

President is retiring and ownership is seeking a Buyer to take over and lead the company into the future. The partners are willing to stay on after the sale as key employees to ensure a successful transition. Long time staff is in place and willing to stay.

Support & Training:

Will train for 4 weeks @ no cost This is a one stop shop for all your remodeling needs. The staff expertise includes designing, coordinating, contracting all labor and installing award worthy kitchens and baths. The staff is set so new owner can learn the business as he or she grows into their role as the owner.

Contact Business Seller

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Business Listed By:

Daz Connell

Murphy Business Brokers