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- RE: High Revenue Kitchen Business, Strong Margins
- Contact: Carey Sobel
Quick Facts
Asking Price: | $0 | |
Annual Revenue: | $13,618,708 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $2,359,987 | |
Total Debt: | Not Disclosed | |
FF&E: | $130,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 11 | |
BBN Listing #: | 620935435 | |
Broker Reference #: | 4110-00302 |
Business Overview:
Residential Kitchen Cabinets and Countertops
This 10-year old business provides consumers with access to affordable discounts on high quality, modern and European style all-wood kitchen cabinets and countertops (marble, granite, quartz, quartzite). Sales have grown exponentially over the past 24 months and internal consolidation continues to provide significant momentum.
Sales are 100% to homeowners across the South Florida area through 3 strategically located brick-and-mortar locations. Sales are fueled by strong online marketing capabilities, with great margins on their products. Inventory is not kept on hand, and there is no debt on the business. Countertops are installed by trusted subcontractor fabricators, and cabinets are installed internally. Strong vendor relationships and long tenured staff provide comfort for continuity.
Many opportunities exist to increase top and bottom line numbers; scalability is achievable with further operational restructuring, geographic expansion and combined branding/buying power. Whether evaluating this as a motivated owner/operator, a bolt-on to an existing operation, or a PE acquisition- this enterprise fits all agendas.
Leasehold Improvements: $25,000 Included
Accounts Receivable: $750,000 Included
FF E: $130,000 Included
Total Assets Included: $1,810,000
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Property Features and Assets:
There are 3 strategically located brick-and-mortar store fronts in South Florida.
Reason for Selling:
Recapitalization and Consolidation / Retirement.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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