MergerPlace

Famous Kitchen & Bath

New York (Nassau)


  • Asking Price: $1,800,000
  • Gross Income: $5,782,998
  • Cash Flow: $500,000
  • Real Estate: Not Disclosed
  • Inventory: $30,000
  • FF&E: $168,000
  • Listing ID: #211017
  • Established: 1950
  • Employees:

Business Description

Established 68-year-old kitchen and bathroom design and remodeling company offering high quality, turnkey design and renovation packages. They specialize in kitchen cabinetry, countertops, tile, plumbing fixtures, lighting, fireplaces and more. Providing their clients with the highest quality service possible is their top priority and it has earned them a reputable name within their community.

This reputable remodeling company has received accreditations from companies such as the Better Business Bureau, National Kitchen & Bath Association and National Association of Remodeling Industry and has been titled the #1 recommended contractor by multiple building management companies and real estate brokers.

Kitchen and Bath company has an active customer base of over 125 customers which attributes to 25% repeat business. There are full service, one-stop from design to completion company and is the #1 on the recommendation list of many buildings and brokers.

The company is currently serving the Nassau, Suffolk, Queens and 5 Boroughs areas and is steadily expanding their employee base in order to keep up with increases in demand. With loyal, friendly and well-trained employees and a low turn-over rate, the company prides itself in providing its clients with high quality work, timely job completions, creative custom designs and attention to detail.

Business comes with over $2M worth of Work in Progress and 20+ Booked Jobs.

Contact NYBB Today for more details on this Business!


Business Details

Primary Business Category: Construction - Building, Developing
Location: New York
County: Nassau

Company Information

Year Established: 1950
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $1,800,000
Gross Revenue: $5,782,998
Cash Flow: $500,000
FF&E: $168,000
Inventory: $30,000
Seller Financing Available: No

Property Information

Facilities:

2,000 sq. ft. Facility 20% Office/ 80% Showroom.Centrally located in high traffic area. Close to all residential and coops where services are rendered. Lease expires 11/1/2020

Reason for selling:

Retirement

Support & Training:

Available

Contact Business Seller

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Business Listed By:

Anthony Citrolo

The NYBB Group