The store owners have strategically focused on the sale of their product via on line media. Web Site, EBay, Amazon etc. Less than 10% of store sales and store profit is generated at the showroom level. This is a unique Kitchen and Bath Showroom operating in the greater New York City Metro Market. The retail space consists of approximately 2,000 sq ft – and approximately 2,000 sq ft of second level space that serves as storage and office space. Store Front is leased for 5 years at $4,000 a month with $200 a month annual rent increase. The company is currently operated by the two partners and they do not advertise or cater to the walk in retail market. Showroom sales are increasing but have not been the focus of the current owners. Showroom Fixtures and Furnishings are included in the sales price. Build out is estimated over $150,000. Much of the showroom product is sellable inventory and is considered as such. Current owners sell displays and replace them with new product to showcase.This business carries almost no inventory as all of the merchandise is ordered specifically for customers and in most cases drop shipped directly to customers. Estimated value of inventory is $10,000 or less and will be included in the sales price.
Growth & Expansion: New owner could easily expand the business by hiring Kitchen and Bath Designers to work in the showroom and marketing/advertising to local remodelers, contractors, plumbers and local consumers. Additional resources could grow the web based business.Support & Training: Includes 30 days training, inventory and lease assignment.
Asking Price $995,000
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