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Palm Beach County

  • Listing No.: 109-10402

  • Category: Miscellaneous

Asking Price $89,000
Down Payment $89,000
Gross Revenue $1,093,309
Total Adjusted Net Income $32,924
Equipment/Fixtures $35,000
Year Established 2012
General Location Palm Beach County
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Kitchen and Bath design center and showroom that offers its customers a one-stop shop of complete cabinet, flooring, tile, and countertops solutions for their home improvement needs. Operated for six years by same owner in a deluxe 10,000 sq ft facility with outstanding signage, total net rent is just $3500/month. Company's new outdoor kitchen line is very hot with much higher margins;  contract recently secured to sell in new homes for high-end local builder.  New management can replace some of management overhead by taking on a more hand-on approach. Most of the business is for residential remodeling work, just 15% for new construction. Company does not do installation, it only sells whatever the customers desires, designs the project (doing fabrication work if necessary), and then recommends qualified contractors. Perfect situation for buyer who is knowledgeable in the remodeling industry and can take this company to the next level of profitability. Asking only $89K. All equipment and inventory in showroom included. Please contact Martin Berliant at 561-827-1181 or email for more information. Nondisclosure form is required.

Gross Revenue $1,093,309 Listed Price $89,000
Total Income $32,924 Down Payment $89,000
Base Rent $0 Square Feet 10000
Total Rent $4,800 Lease Expiration 2/2020
Rent Deposit $0 Lease Options 2 years
Inventory $5,000 Leasehold Improvements
Equipment/ Fixtures $35,000 Other Assets
Full-Time Employees 5 Training Period two weeks
Part-Time Employees 0 Special License Required None
Contract Staff 0 Reason for Selling other business interests

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.