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Kitchen And Bath Installation And Showroom Fabrication For Sale

New York
Asking Price:
$1,500,000 (USD)
Turnover:
$2,278,939 (USD)
Net Profit:
$508,674 (USD)

Kitchen & Bath Sales, Installation and Showroom with on-site Fabrication. Serving all of Suffolk County, this is a solid business with a 30 year track record of success. In fact, over the past 5 years they have shown consistent year over year growth with gross sales of approx. $2,278,939.40 last year. That translates to a net profit of approx. $508,674.00. The business is fully turn-key and housed on a 1/2 acre lot including a 2,900 sq. ft. showroom and a separate 4,000 sq. ft. fabrication shop. The sales prices includes over $300K in furniture, fixtures and equipment. The owner has come to a point where he is working at full capacity and either needs to sell or bring on a 50% working partner to help take the business to the next level. In recent months they have only been taking 2 out of every 5 jobs they are offered. There is immediately growth to be captured with the business they are turning away. We are seeking a serious and financially qualified buyer for an outright purchase or a 50% working partner with at least $500K in liquid funds for an initial equity purchase, plus additional working capital. To learn more, please call or email Mel Vaz. ALL SITE VISITS MUST BE MADE BY APPOINTMENT ONLY !

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Divesting or taking on a partner

Employees:
15

Other Information

Support & training:

yes

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

500,000.00 Down & $1mil. over 5 yrs. @ 6%. ( Also, will entertain a 50% working partner for $750K, plus working capital.)

Furniture / Fixtures value:
$300,000 (USD)
Inventory / Stock value:
$175,000 (USD)

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