SBA Pre-Qualified- Kitchen Cabinet Bus.-whsle/rtl

Not Disclosed, NJ
Bergen County


Asking Price: Annual Revenue:
$1,200,000 $2,480,205

Services: Construction, Contractors


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RE: SBA Pre-Qualified- Kitchen Cabinet Bus.-whsle/rtl Broker: Eric Mendelsohn
Owner Financing is Available!

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $2,480,205
Net Profit: Not Disclosed
Cash Flow: $421,592
Total Debt: Not Disclosed
FF&E: $220,500
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 9
BBN Listing #: 524735879
Broker Reference #: 6842-185508

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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.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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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