RAPIDLY GROWING KITCHEN AND BATH WHOLESALE MANUFACTURERS & DISTRBUTERS OF PROPRIETARY FURNISHINGS.
(CONSTRUCTION SUPPLIES, KITCHEN AND BATH EQUIPENT)
PHILADELPHIA, PENNSYLVANIA
Listed Price: $ 20,000,000
Listing ID: CPA2060410
Listing DetailsGross Revenue: $ 12,163,000
Cash Flow: $ 4,036,000
FFE: $ 542,406 (Included in Price)
Real Estate: $ 8,000,000
Inventory: $ 2,000,000
Form of Ownership: S Corp
Terms and Conditions: NEGOTIABLE
Reason for Sale:
RETIREMENT
Training & Support:
COMPLETE TRAINING AND SUPPORT INCLUDED IN SALE
Listing SummaryBusiness Description:
THIS HIGHLY PROFITABLE, RAPIDLY GROWING, KITCHEN & BATH WHOLESALER, MANUFACTURER & DISTRIBUTOR HAS BEEN IN BUSINESS FOR 15 YEARS.
THEY DESIGN AND IMPORT THEIR OWN PROPRIETARY BRAND LINE OF KITCHEN AND BATH FURNISHINGS, FURNITURE AND CAPINETS AS WELL AS PLUMBING SUPPLIES AND FIXTURES.
IT IS A MAJOR IMPORTER OF PROPRIETARY KITCHEN & BATH EQUIPMENT & SUPPLIES THAT IS UNIQUE TO THE INDUSTRY.
THEY IMPORT CURRENTLY FROM CHINA AND SWITZERLAND.
THE COMPANY COMMANDS AN IMPORTANT POSITION IN THE KITCHEN & BATH INDUSTRY AND STANDS WELL ABOVE THE COMPETITION.
THE BUILDING & WAREHOUSE ARE LOCATED ON A 126, 000 SQUARE FOOT BUILDING, 6.5 ACRES WITH AMPLE PARKING.
THE OFFICES AND WAREHOUSE ARE COMPLETELY AUTOMATED AND EXTREMELY WELL ORGANIZED.
THIS COMPANY HAS A WIDE CUSTOMER BASE AND IS GROWING DAILY.
THEY DISTRIBUTE TO VARIOUS COMPANIES SUCH AS HOME DEPOT, WAYFAIR, EBAY, HOUZZ, AMAZON, IN ADDITION TO MANY OTHERS.
THEY HAVE A PHENOMENAL LOCATION IN PHILADELPHIA.
THE COMPANY SELLS THROUGH CLIENT RELATIONS AND ON THEIR WEBSITE
Historical Summary:
THE COMPANY IS IN BUSINESS FOR 15 YEARS AND IS CONSTANTLY GROWING DUE TO THE UNIQUENESS OF THEIR PROPRIETARY PRODUCTS AND EXCEPTIONAL CUSTOMER SERVICE.
Owner Qualifications:
BUSINESS EXPERIENCE HELPFUL
Competition:
EXTREMELY LIMITED
Potential Growth:
UNLIMITED
Financing/Terms:
NEGOTIABLE
LocationOption: YES
Lease Security: 50000
Monthly Rent: $ 25,000
Square Footage: 126000
Type of Location: Stand Alone
Facilities:
THE COMPANY WORKS OUT OF A 126,000 SQUARE FOOT FACILITY ON A MAJOR THOROUGHFARE IN PHILADELPHIA.
THE FACILITY CONSISTS OF OFFICES, SHOWROOM, WAREHOUSE AND SHIPPING/RECEIVING.
THE FACILITIES ARE KEPT SPOTLESS AND IMMACULATE AND EXTREMELY WELLL ORGANIZED. THER IS AMPLE PARKING AS WELL.
THE COMPANY FUNCTIONS AT A HIGH LEVEL OF PROFESSIONALISM.
OperationYear Established: 2003
Days & Hours of Operation: M-F 8AM-9PM SAT 8AM -5PM
Owner Hours: 20
Employees: 23
Managers: 3
Absentee Owner: No