40 Year Old Luxury Kitchen/Bath Biz With Beautiful Showroom

Listing Number: 189597-785121

Description

This kitchen and bath business specializes in high end custom renovations primarily in the affluent Monmouth County area. The impeccable showroom represents products in all categories including cabinetry, tile, stone, hardware, and plumbing fixtures. They carry many of the leading brands, including Caesarstone, Shiloh Cabinetry, Daltile, Green Forest Cabinetry, Vadara Quartz Surfaces, Silestone, Levant, Top Knobs, and Waypoint. There are currently 2 well trained CAD designers and 1 office manager on staff, which all have many years of experience. Additionally, the owner has long standing relationships with experienced subcontractors. He works with multiple carpentry, demo, sheetrock, plumbing and electrical subcontractors. Owner has been in the business for 40 years and established a strong reputation for quality work and has a loyal customer base. At this point in his career, the owner is very selective about the jobs that he takes and is not going after new business. This leaves a big upside for a new owner who is aggressive and does some marketing. Average job is 50k. Owner will stay on to train for up to 3 years. Rent is only $1,500 and the owner just renewed for 5 additional years.

Listing Details

• Price: $450,000
• Down Payment: $450,000
• Sellers Discretionary Earnings: $150,000
• Total Sales: $550,000
• Location: Monmouth County, New Jersey


• Inventory: $10,000
• FF&E: $50,000
• Employees: 3
• Year Established: 2005
• Reason for Selling: Retirement
• Category: Construction