Business Overview:
High Growth Kitchen Cabinet Store. The brainchild of a very successful entrepreneur, this store specializes in a very high growth segment of the home improvement industry. US kitchen cabinet manufacturing is very expensive and retailers of these lines have seen margins eroding away over the years. This company sells high quality kitchen cabinets manufactured in China. The cost is much lower leading to higher margins and profits to the owner. He has a larger distribution company for these products and is selling off this retail location as he has little time to be there. It is run virtually absentee. He will stay on as your distributor. ALL FINANCIALS ARE VERIFIABLE THROUGH QUICKBOOKS. The work is relatively easy for someone with some carpentry, contracting, or construction background. There is also some design aptitude necessary. All cabinets are stock, only the design work is customized to the client. You can do the installation if you like, or sub contract the work. The seller will train up to 90 days. 2010 Gross Sales were approx. $400,000 with a Net Income of approx. $40,060.00 for an ABSENTEE OWNER. WE ARE LOOKING FOR SERIOUS AND FINANCIALLY QUALIFIED BUYERS WITH SOME EXPERIENCE IN THIS FIELD. The name is not included in the sale. If you meet the criteria, call or email Mel Vaz today to learn more at 631-909-1095 or mvaz@vestedbb.com.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Personal
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.