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High Volume Cabinet Retail Warehouse
Location New Jersey,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $4050000
Net Profit / Cash Flow $370000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2007
Number of Employees 10 - 19
Inventory $275,000 equipment & $50,000 inventory.
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training The owner will supply an appropriate training & remain post closing for sixty days.
Reason for Sale Owner relocating out of the general area.
Description Retail Company that supplies Kitchen and Bathroom Cabinets and Countertop located in Northern New Jersey. This state of the art retail and wholesale distributor has a 2011 gross income of $4,050,000 and a net yearly income of $370,000. The company supplies quality products, at a discounted price and achieves high volume sales with a substantial net profit to the owner operator. The product consists of real wood cabinets with stylish looks, durable construction at an affordable price to the consumer. Although many companies are reducing their prices by reducing their quality, this company is providing all-wood construction, beautiful finishes and durable hardware for lower prices and with a substantial profit to the company. The business has a full staff of experienced employees who maintain the business operation, who are unaware of the pending sale and expected to remain post closing. The company has a very successful off premise marketing plan which generates a huge volume of new and consistent business. The process makes shopping for a kitchen foolproof and simply and with competitive prices the company continues to increase its yearly gross income. The sale includes the required software design systems, computers, POS system, truck, forklift, compacter, various displays, printers and various equipment required to maintain this business. The company has state of the art systems with a 3D electronic design for the customer to decide on the last detail and eliminating any problems with the final product. This state of the art 3D Design service is fast, convenient and hassle free. The company can design, build and install a completed kitchen or bath within 12 hours, faster and better than any other contractor!
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