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Kitchen and Bath Showroom plus property

Description:
Profitable BUSY State of the Art Designer Kitchen & Bath Showroom is for sale. Sales for 2010 were $1.2 Million Dollars and this is truly a very unique opportunity. The business can be purchased for a reasonable price of $250,000 and lease the property OR the buyer can instead purchase the property. The property is fully rented with successful tenants and the current rent roll is $173,500. The real estate taxes for the property are approximately $30,000 per year. The property is for sale at $1.85 M. This is a GREAT PROFITABLE business with the potential of the buyer also investing in owning the real estate property. This is a Well Established business for over 20 years and they service mid to high end clientele. They have designers on staff and an excellent sales team. They hire sub-contractors for all their installations. Approximately 70% of their revenue is generated from referrals for they have an excellent reputation within their community. They spend very little on advertising and instead rely on their reputation and their excellent busy location on a main road on the North Shore of Long Island. Please refer to listing number 2016 when inquiring about this opportunity.
Description of the facilities
Financing is available.
General information
  • Listing Id: 94604
  • Reference Id: M123132
  • Year established: 1990
  • Employees: 5
Financial information
  • Asking Price: $250,000.00
  • Revenue: $1,219,911.00
  • Annual Net: $173,000.00
  • Down Payment: Call/Email
Contact the advertiser
  • Name: Elaine Iucci
  • Phone: 516-626-2211
  • Email: email
  • Broker name: THE KENSINGTON COMPANY
  • Broker location: ROSLYN HEIGHTS, New York
  • Broker Co-op? contact us

The information in this listing has been provided by the seller.
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