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Absentee High End Kitchen Cabinets & Closets company

Miami-Dade County, Florida

Asking Price: Gross: Cash Flow:
$695,000 $842,923 $467,749

Furniture and Fixtures Value:
$100,000 (included in the asking price)

Inventory Value:
$0 ( not included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
Absentee 6 year old high end Kitchen cabinets and Closets company in Miami area. Company has been established over 6 years with extensive high end clientele as seller is involved in Sports agency and Music industry representation and company has loyal following.Seller would stay on as face of company and operate post closing for a new owner at agreed to compensation and is also open to staying on as minority owner of around 20% as he is looking to free up money for his sports management operation.Seller has set up a great streamlined operation with low overhead as owner goes out and gives estimate,takes a deposit to cover all expenses,orders materials that are delivered to a shop that cuts to size and assembles at which point his installation crew picks up cabinets in company Van and delivers them to site for installation10% down financing being offered is with SBA financing to qualified buyer. Please refer to listing 2201197291 and advisor Jesse Peraza when inquiring.

 
   
   
Year Business was Established: 2018
   
Number of Employees: 2FT  
   
Facilities / Terms of Lease: Type of Location Commercial Facilities Monthly Rent $2,500.00 Square Units (Foot, Meter) 2,000 Lease Expiration Date February 1, 2025, 3:00:00 AM Terms Options available  
   
Owner willing to finance: Owner Financing Terms $70,000.00 Owner Financing Interest 6% Owner Financing Terms Months 36 Other Financing Amount $603,000.00 Other Financing Interest 9.5% Other Financing Term Months 120  
   
Owner willing to train: Seller will train for 4 weeks at no cost  
   
Reason for selling: Other  
 

 

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