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Kitchen Design Supply

Morris County, New Jersey

Asking Price: Gross: Cash Flow:
$240,000 $677,715 $74,184

Furniture and Fixtures Value:
$220,000 (included in the asking price)

Business Summary:
This is a well established Kitchen Design & Supply with a beautiful, 1900sq.ft well appointed walk- in showroom and a variety of up-to-date style kitchen cabinets & countertops. The owners have spent over $220,000 in improvements to the showroom and have installed new models of kitchen cabinets last year. This is a highly profitable business in an exciting filed with minimal overhead which offers exciting possibilities for customers. This Company takes pride in its quality and has developed a great reputation in the community. Whether a home owner is building a new kitchen or upgrading an existing one, they will find a remarkable selection of kitchen cabinets, designs, finishes and relate kitchen products for every price range, with the opportunity to create the kitchen of their dreams. The business is located in a strip center on a highly traveled road in Morris County. They use state-of- the–art software programs design the cabinets after which they are e-mailed to the manufacturer. The finished product is shipped directly to the customer. The Company doesn’t install but has installers with whom they work with and can supply a list of others. There are no employees and not much overhead for this business. No inventory is required; products are purchased when deposit are received. Customer experience an enjoyable selling process; and are excited about their purchases. The rent is very low for this 1900sq.ft showroom (only $1500/month) and there is enough space to add other home improvement products such as flooring and carpeting. This is a fantastic opportunity for a contractor or entrepreneur in the kitchen business and/or bath building industry who wants to grow their business. It’s ideally suited for person interested in personalized customer service (with a flair for design and creative talent) working with an upscale customer base. Buyer should have sales and marketing skills and some knowledge of kitchen cabinets is helpful. The seller is wiling to stay on for a specified period of time to transition the business. Owner financing available. The 2011 markets for remodeling will continue to grow at a fast pace due to consumers who are weighing the idea that staying in their existing home will be more beneficial in the long run than moving or building new. Most homeowners are willing to update their homes and not be obligated to a new mortgage. For further information Gene Reilly at 908-851-9040 Ext 293

 
   
   
Year Business was Established: 2006
   
Facilities / Terms of Lease: Established Kitchen Design & Supply business with a beautiful 1900sq.ft walk-in showroom over $220,000 in fixtures on the floor. It is located in a strip center on a major traveled road in Morris County. The company doesn’t’ install but have installers they work with or can supply a list.  
   
Potential Growth/Expansion: Could add tile & carpeting line and do more advertising  
   
Competition: Very little competition  
   
Owner willing to finance: Prime + 2 for 3 years  
   
Owner willing to train: Seller is willing to stay on for a specified period of time to transition the business.  
   
Reason for selling: Other business interest  
 

 

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