Premier Floor and Kitchen Sales and Installation w/RE (Construction Related, Carpet/Floor Coverings; Construction Related, Construction-Specialty Trades; Manufacturing)

Rhode Island - Rhode Island

Seller Financing:
Lender Pre-Qualified:
Listing ID: 68582
Status: Active

Listing Details

Listed Price: $895,000
Down Payment:
Total Sales: $1,321,078
SDE: $255,017
EBIT:
EBITDA:
FFE: $377,688 Included? Yes
Real Estate: $400,000 Included? Yes
Inventory: $11,300 Included? No
A/R: Included?
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Contact Information
Coastal Business Brokers
Suite 330 700 Pleasant Street
New Bedford Massachusetts 02740
Office: (508) 990-9800
Fax: (508) 990-4288
Email: coastalbizbrokers@verizon.net
www.coastalbizbrokers.com
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Reason for Sale:

Retirement.

Training:

4 Weeks at No Cost

Financing Terms:

 

Operations

Year Established: 1989
Last Acquired:
Form of Ownership:
Home Based: No
Relocatable: No
Type of Location: Stand-alone
Absentee Owner: No
Online:
Employees: Full Time: 18 / Part Time:
Managers:
Hours:
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Non-Owner Payroll:
Franchise Info:

Location

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Facilities:

The building is owner occupied with just under 5,000 sq/ft of showroom/offices and additional warehouse space. It is located on a main road minutes from the interstate and has ample parking.

Summary

Business Description:

Well established high-end Floor and Kitchen Installation Company centrally located among many affluent coastal communities in Southern New England. Extensive sample show room and in house full-time installers enables this company to dominate the region with the upper end remodel and new construction markets including residential, multi-units and commercial. Their indelible long-time reputation prevents competitors from gaining market share. The company is well known for superior quality selections and workmanship. Their customer lists and relationships with area contractors, architects, interior designers, and home owners allows them to minimize their advertising costs. The kitchen installation profit center is quickly becoming a major sales generator and will dramatically increase gross sales. The company just added granite counter top fabrication and installation capability.

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