Profitable Kitchen And Bath Showroom
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $1219911
Net Profit / Cash Flow $173000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1990
Number of Employees 4 - 5
Inventory 10000
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Reason for Sale Owner is relocating.
Description Profitable BUSY State of the Art Designer Kitchen & Bath Showroom is for sale. Sales for 2010 were $1.2 Million Dollars and this is truly a very unique opportunity. The business can be purchased for a reasonable price of $250,000 and lease the property OR the buyer can instead purchase the property. The property is fully rented with successful tenants and the current rent roll is $173,500. The real estate taxes for the property are approximately $30,000 per year. The property is for sale at $1.85 M. This is a GREAT PROFITABLE business with the potential of the buyer also investing in owning the real estate property. This is a Well Established business for over 20 years and they service mid to high end clientele. They have designers on staff and an excellent sales team. They hire sub-contractors for all their installations. Approximately 70% of their revenue is generated from referrals for they have an excellent reputation within their community. They spend very little on advertising and instead rely on their reputation and their excellent busy location on a main road on the North Shore of Long Island. Please refer to listing number 2016 when inquiring about this opportunity.
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