Business Overview:
SBA Pre-Qualified- Premier Retailer of Wholesale Kitchen Cabinets
SBA Pre-Qualified. The SBA is until the end of September 2021, waiving its guaranty fee, which typically ranges from 2.25% to 2.76%, for loans over $350,000. And there's more! The SBA covering the principal and interest payments on new SBA 7(a) loans for three months up to $9000 per month.
An amazing opportunity to buy an established kitchen cabinet manufacturer, wholesaler, distributor and retail business headquartered in Bergen County, New Jersey, with an extensive customer list and a stellar reputation that services clients nationwide. This business has three divisions, wholesale, retail and e-commerce.
This family-owned business has a stellar reputation within the community and is considered the best at what they do. The quality of the craftsmanship and the reputation built by the business is incredible and has left them with thousands of satisfied customers. The business features cabinetry wood construction, superior hardware, and durable paint and finishes.
A 47,500 square-foot warehouse facility provides ample manufacturing space and two retail showroom locations of 2,400 and 1,600 square-feet await the next owner.
Currently there are 9 employees including the owner who works at the business full-time. This is a great opportunity for a buyer to purchase a turnkey, highly profitable business that has ample room to grow.
Current owner is selling, as he needs to relocate internationally. Seller financing up to 15% ok. Please note the approximately $1.5m in inventory is NOT included in the listing price and MUST be purchased with the business.
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Reason for Selling:
Relocation
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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