Exquisite High-End Kitchen Cabinet Business

Name: Exquisite High-End Kitchen Cabinet Business
Brand: Transworld Business Advisors
Price: 850000 USD
Availability: InStock

Listing Number: 189597-352132

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Listing Details

Price: $850,000

Location: Richmond County, New York

Down Payment: $425,000
Sales: $1,400,000
Seller's Discretionary Earnings: $0
Inventory: $0
Furniture, Fixtures, and Equipment: $50,000
Rent: $4,500
Employees: 4
Year Established: 1978
Reason for Selling: Retirement

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Business Listed By

Elliot Dweck

(848) 222-1112 Ext. 1 [email protected]

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Business Description

Beautiful custom kitchen cabinet showroom in mint condition. Great location and long lease in place. The build out of the showroom today would cost over 400k. Average job is over 100k and many over 200k. Full experienced staff in place including a designer, bookkeeper, customer service person and installer. Employees have been working there for 20+ years. Owner has 40+ years experience in the kitchen business and will stay on to train the new owner as long as necessary. They carry several lines of cabinetry with exclusive rights in their territory to some of the top custom kitchen brands in the country. Long standing relationships with general contractors and interior designers which brings a steady flow of new business. Revenue in prior years has exceeded 3M, but has dropped off due to owner’s health issues.