This well-known Kitchen Design & Installation Firm provides custom cabinetry, countertop, creative design and installation services to NJ, NYC and surrounding areas. The firm enjoys significant operating margins, documented profitability and strong word of mouth referrals within a niche Jewish community. This business currently operates from a 600 SF office showroom in a highly visible and well trafficked retail section of Bergen County, New Jersey.
The company enjoys a competitive advantage by consistently providing dedicated customer service and by catering to the specific Kosher requirements of the local Jewish community – all client meetings are by appointment only and involve one-on-one attention to the particular project at hand. A large selection and professional design services are offered at a very reasonable and competitive price point. It is projected that a new owner will obtain additional growth by expanding the direct sales efforts with a minimal investment of $30k. The company projects a revenue growth rate under such premise of 10%+ per year.
The company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 2.0x EBITDA (ttm). A full valuation report by a national valuation firm is included in the prospectus. There is zero debt to be assumed and the deal includes $100k in sellable inventory. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner-operator will obtain more than $95k benefit in after-acquisition-debt cash flow- over 200% ROI in Year #1.
A comfortable six months transition period will be provided by the owner who truly wants to see the business continue to flourish. Flexible lease terms are available for the showroom located in a convenient and busy downtown area.
(ALL DATA BASED ON SIGNED TAX RETURNS)
Asking Price $190,000
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