MergerPlace

Kitchen/Bath Design Center!

New York (New York)


  • Asking Price: $899,000
  • Gross Income: $1,634,930
  • Cash Flow: $292,808
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #197238
  • Established: 1996
  • Employees: 7 FT

Business Description

The only ONE STOP shop for all Kitchens, Baths, Closets and Flooring in New York City. Complete Showroom and exclusive dealer for major manufacturers- Kraftmaid and Toto, etc. These exclusive agreements include all of New York, New Jersey and Connecticut. Well established with repeat and referral based business. The design and show center is for sale. Both commercial and residential customers. Must see for anyone in interested in design and construction for the home. Perfect for investors looking for cash flow performing businesses.


Business Details

Primary Business Category: Contractors - Special Trade
Location: New York
County: New York

Company Information

Year Established: 1996
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 7 FT

Financial Information

Asking Price: $899,000
Gross Revenue: $1,634,930
Cash Flow: $292,808
Seller Financing Available: No

Property Information

Facilities:

3,000 square foot showroom center in NYC with over $250K in displays and inventory. Additional warehouse and supply center 5 min away to service all the boroughs, surrounding states very easily. Very hard to get in Manhattan!

Growth & expansion opportunities:

Systems and process are in place for this business to grow quickly with the right buyer. NYC real estate is expanding once again and this company benefits directly. Expansion of sales force and marketing are first step to growth along with new product lines.

Competition:

Most of the competition has closed or moved out of the immediate area leaving this business as the go to source for Manhattan. This business is primed for expansion.

Reason for selling:

Owner is looking to sell to operator with experience in taking a business to next level. Owner will stay on in an advisory role and allow the new ownership to utilize his NY plumbing and home improvement license. Very Valuable!

Support & Training:

Will train for 2 weeks @ no cost. Owner has a plumbing and home improvement license which is extremely valuable to the business and a new owner. They can sell you the cabinets and fixtures and with the license can also handle installation. Exclusive dealer and resale of high-end line of bathroom and kitchen fixtures and products. The owner started a plumbing and kitchen supply business also and a web site brings in national sales.

Contact Business Seller

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Business Listed By:

Daz Connell

Murphy Business Brokers