Kitchen & Bath Renovation - 32461

Not Disclosed, NY
New York County


Asking Price: Annual Revenue:
$500,000 $1,200,000

Retail: Home Improvement


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RE: Kitchen & Bath Renovation - 32461 Broker: Ross Lombardo
Owner Financing is Available!
$250,000.00 Down & $250,000 over 36 months at 6%

Quick Facts

Asking Price: $500,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 1989
Employees: 1
BBN Listing #: 39064447
Broker Reference #: 32461

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Business Overview:

This is a full service apartment and home renovation firm that specializes in high end condo and co-op renovations in New York City. Their expertise is in kitchen and bathroom renovations, built-in closets, cabinets, painting, wood floor services and more. They also do smaller jobs like rental apartments and small condos. Their revenue potential is strong. The show room is located in one of the most affluent neighborhoods in Manhattan and they have been in business for 30 years. They are one of the most respected master renovators in all of New York. They have a tremendous referral business. Their overhead is extremely low with only one full time employee. The rest of the labor comes from fully licensed master carpenters, plumbers and electricians which are paid on a "per job" basis. The owner has relationships with hundreds of contractors, designers, carpenters and architects, and is willing to stay on as long as needed to train the new buyer. More Importantly, the owner who is an expert renovator with 40 years of experience can stay on as a subcontractor. The store is approximately 1,300 square feet and consists of a beautiful showroom and a shop where they fabricate their cabinets and countertops.

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Reason for Selling:

Other interests.

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.

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