MergerPlace

Kitchen and Bath Designers

New York (New York)


  • Asking Price: $899,000
  • Gross Income: $2,309,997
  • Cash Flow: $358,107
  • Real Estate: Not Disclosed
  • Inventory: $50,000
  • FF&E: $143,236
  • Listing ID: #197238
  • Established: 1996
  • Employees: 3 FT

Business Description

Very Profitable and will continue to grow with strong sales marketing. The 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, show center and general contracting division is for sale. Both commercial and residential customers in and out of New York City.
Must see for any sales and marketer, contractor, designer or home architect. Perfect for investors looking for cash flow performing businesses. Owner will stay on for a smooth transition. Must see for any contractor, designer or home architect. Perfect for investors looking for cash flow performing businesses. Owner will stay on for a smooth transition.


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: 3 FT

Financial Information

Asking Price: $899,000
Gross Revenue: $2,309,997
Cash Flow: $358,107
FF&E: $143,236
Inventory: $50,000
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. Servicing all of Manhattan from this location. Very hard to get in Manhattan! Can easily expand into design products. Interior designers, architects, and sales professionals will do well to add this business for more revenue.

Growth & expansion opportunities:

The business does over $2 million in sales without marketing so tremendous opportunity for right buyer with these additional skills. Systems and process are in place for this business to grow 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:

Preferred Pricing with very popular line of product offerings. Great Margins and high ticket sales. This business is the go to source for Manhattan. This business is primed for expansion.

Reason for selling:

Current owner eventually wants to retire but will stay on as an employee with new owner.

Support & Training:

Will train for 2 weeks @ no cost. Exclusive dealer and resale of high-end line of bathroom and kitchen fixtures along with closets and much more. Additionally, they have a division focused on plumbing and kitchen equipment/accessory supplies. Designer and production crew on staff to make this turn-key.

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Business Listed By:

Daz Connell

Murphy Business Brokers