Primary Category:Building Material & Hardware Stores for Sale
This highly respected, family-owned kitchen and bath design business has been serving clients in Rhode Island for over 40 years. Specializing in custom cabinetry and countertops, the company caters primarily to high-end homeowners, including those with luxury second homes. The company proudly represents multiple premier custom and semi-custom cabinetry lines, as well as high-end kitchen countertops like granite, and sinks and faucets.
Operating with an efficient, low-overhead business model, the company does not carry inventory or perform installations, making it an attractive business for a new owner seeking a streamlined and profitable operation. Its geographic location provides easy access to affluent communities, ensuring a steady flow of business, while its beautiful showroom—boasting excellent roadside exposure—allows customers to tour and experience a variety of luxury cabinetry and countertop options firsthand.
With its great reputation, long tenured staff and significant growth potential, this turnkey business presents an outstanding opportunity for an entrepreneur or industry professional looking to acquire a well-established, profitable company. Inquire today to learn more.
Financial Information
$950,000
Asking Price
$305,000
Cash Flow
$1,454,000
Gross Revenue
N/A
Down Payment
Yes
Financing
Business Location
City:
Coastal Town
State:Rhode Island
Financing Comments
This business has been reviewed favorably by an SBA lender and a qualified buyer should be able obtain an SBA 7A loan to finance the purchase of the business..
Reason for Sale
Retirement
Detailed information
Year Established:1985
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:Yes
Full-Time Employees: 4
Part-Time Employees:1
Contractors:N/A
Owner Worked Hours/w:35
Adjusted EBITDA:
N/A
Inventory Included: No
Inventory Value:
N/A
Monthly Rent:
$1,830
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 1300
FF&E Included?: Yes
FF&E Value: N/A
Training/Support
The owner is willing to remain involved during the transition period after the sale, ensuring a smooth handover and providing valuable guidance to help the new owner confidently step into the business.
Facilities
The business is operated in a well-designed 1,300 sq. ft. office and custom showroom, providing a professional and inviting space for customers. The layout includes a dedicated sales area, ample storage space, and a private bathroom, ensuring both functionality and convenience. Additionally, the property features plentiful onsite parking, making it easy for customers and employees alike. The current owner leases the space, offering a seamless transition for a new owner looking to step into a fully operational and well-located business.