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Kitchen Cabinet Retailer and Design Center  (#MS1344)

Very Profitable, Multi-location, High Growth Trajectory, Rigorous Internal Systems and Procedures to Support Additional Locations or Franchising

Gross Sales: $8,170,000 (2021 Sales)

EBITDA: $1,370,000 (Plus $120,000 General Mgr. Salary)

Inventory: Not Included, To Be Valued at Closing

FF&E: Included in Price; Est. Value of $350,000 includes 5 vehicles, 1 (26’) Truck w/trailer, and 10 Showroom Displays

Asking Price: $4,500,000

Summary: 

Outstanding business opportunity to purchase a thriving and growing Kitchen Cabinet Retailer in business for 8+ years and located on the Boston South Shore. This business has codified a very profitable process acting as the managing interface between the home owner clients and the responsible installation contractors. They have developed and instituted systems for the initial design process, the order process, and overall project management. These systems not only ensure quality customer service and well-designed kitchens, but could also provide a basis for further continued location expansion if desired.

Key points to note are:

  • A process driven culture that transcends ownership.

  • Customer service and award-winning design are the products of a devoted team that works closely with each client to create their dream kitchen.

  • A dedicated team of 14 (includes 2 owners) sells kitchen design, cabinets, countertops, and cabinet hardware for whole house applications, and manages the product delivery and installation in collaboration with premier architects, builders, and owners.

  • High-margin cabinetry (45%) comprises 84% of sales!

  • Well-established customer base that has ongoing value; and recognized exceptional customer service through a proven process.

  • The owners are actively pursuing the hiring of additional staff to support current growth and provide manpower for potential further locations, as well as to replace themselves when they eventually exit the business.

Facilities: Two attractive design center showrooms, as well as a warehouse and logistics business and a workshop and materials storage facility all located on the South Shore. All locations have reasonable leases that can be transferred.

Employees: Including the 2 owners, there are 14 full-time and part-time employees that support the business. All installation work is carried out by outside independent contractors. 

Other:  Sellers will stay on for a limited period to familiarize buyer with business and transfer key customer relationships. A longer period of time can be negotiated if necessary.

 

Contact Cabot Business Brokers at 781.783.6998 or bkarlis@cabotbb.com for more information.

Note that the Seller provides all information. Broker does not certify or warranty this information.

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