Over $500K In Profits! Kitchen Dealer/Remodeler

Not Disclosed, NJ

Asking Price: Annual Revenue:
$795,000 $3,256,874

Services: Construction, Contractors

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RE: Over $500K In Profits! Kitchen Dealer/Remodeler Broker: Daz Connell

Quick Facts

Asking Price: $795,000
Annual Revenue: $3,256,874
Net Profit: Not Disclosed
Cash Flow: $539,026
Total Debt: Not Disclosed
FF&E: $91,800
Real Estate: Not Disclosed
Year Established: 1951
Employees: 9
BBN Listing #: 72194955
Broker Reference #: 3402-16051

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Business Overview:

The business specializes in kitchens and bath remodeling. The sale price includes both the business and assets. The Real Estate is available for lease or purchase. This should qualify for lender financing. With an award winning showroom and designers on staff, they have worked with thousands of homeowners in creating their dream kitchen and upgrading bathrooms throughout New Jersey. The business also does general remodeling and cabinetry. Great opportunity to step into a turnkey business with a huge pipeline of business.

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Property Features and Assets:

The Real Estate is owned and available for lease or sale. A great, updated showroom with ample parking, shop-yard and a warehouse on premises. Real Estate is available at $600K. Assets= $209,299

Market Competition and Expansion:

The business has been successful for many years and doesn't really worry about competition. The business's referral network is second to none. The pipeline is strong and jobs are booked for months in advance. They are now scheduling for mid year 2021! Potential for growth over the next few years is strong as people continue to remodel their homes in the area.

Reason for Selling:

President is retiring

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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