Business For Sale

35 Year Kitchen and Bath Retail/Install Business

Not Disclosed, MA
Norfolk County


Asking Price: Annual Revenue:
$599,000 $1,902,163

Services: Construction, Contractors


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RE: 35 Year Kitchen and Bath Retail/Install Business Broker: Paul Corrigan

Quick Facts

Asking Price: $599,000
Annual Revenue: $1,902,163
Net Profit: Not Disclosed
Cash Flow: $197,941
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1983
Employees: 5
BBN Listing #: 848049435
Broker Reference #: 80041-481597

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Business Overview:

Here is a long-time K&B showroom and install business with an impeccable reputation. In addition, it is on a 25,000 car-count main route next to one of the largest development projects in SE Mass. Installations are handled by contracted installers (great reputation on the supply side as well). Remaining staff has all corporate knowledge (accounting, estimating, computer design, etc.) as well as strong relationships with many key clients. The showroom is very convenient, well maintained, and regularly updated. Owner is willing to assist in transition and longer if desired. This is a great opportunity to step into a turnkey, community respected, enjoyable, and profitable business!
Business offered at $599,000, property offered at $1,050,000.

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Market Competition and Expansion:

While there are many smaller outfits, few have the showroom size, volume and reputation of this business. The three main competitors are two independent lumbers yards and a similar showroom. All of them are over five miles away. Based upon the stated non-compete offering, an average customer radius is 15 miles. The nearest big box store is over 5 miles away. An energetic owner can easily grow this business, as the reputation and location are ideal. While there is good internet traffic with inquiries and brand recognition, a new owner can expand the virtually non-existent social media.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is not 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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