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? |
|
|
| 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: |
|
| Owner Hours: |
|
| Non-Owner Payroll: |
|
| Franchise Info: |
|
Location
| Lease Expire: |
|
| Option: |
|
| Lease Terms: |
|
| Lease Security: |
|
| Monthly Rent: |
|
| Square Footage: |
|
| 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. |
| Historical Summary: |
|
| Owner Qualifications: |
|
| Competition: |
|
| Potential Growth: |
|
|
|
|
|