High Revenue Kitchen Business, Strong Margins, Ready to Scale!

Price: $6,995,000

Location: Broward County, Fl

Business Category: Retail Miscellaneous

Business Subcategory: Kitchen Cabinets

Listing ID: PL-CS-00302

Listing Status: New

Description

This 10-year old business provides consumers with access to affordable discounts on high quality, modern and European style all-wood kitchen cabinets and countertops (marble, granite, quartz, quartzite). Sales have grown exponentially over the past 24 months and internal consolidation continues to provide significant momentum.
Sales are 100% to homeowners across the South Florida area through 3 strategically located brick-and-mortar locations. Sales are fueled by strong online marketing capabilities, with great margins on their products. Inventory is not kept on hand, and there is no debt on the business. Countertops are installed by trusted subcontractor fabricators, and cabinets are installed internally. Strong vendor relationships and long tenured staff provide comfort for continuity.
Many opportunities exist to increase top and bottom line numbers; scalability is achievable with further operational restructuring, geographic expansion, and combined branding/buying power. Whether evaluating this as a motivated owner/operator, a bolt-on to an existing operation, or a PE acquisition- this enterprise fits all agendas.

LISTING DETAILS

Down Payment: $6,995,000

Total Sales: $13,610,000

Discretionary Earnings: $2,009,000

Accounts Receivable: $750,000

Accounts Receivable Included: Yes

FFE: $25,000

FFE Included: Yes

Inventory: N/A

Operation

Year Established: 2012

Year of last Acquisition: 2012

Lender Pre-Qualified: No

Employees: 12

Location
Summary
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LISTING BROKER

Carey Sobel

Carey Sobel