Annual Revenue: $10,350,000
Net Cash Flow: $1,200,000
Location: New Jersey
This company sells kitchen cabinets and countertops in 5 different NJ locations. They have 3-4 high-quality kitchen designers in each showroom who professionally design the kitchen on 20-20 software. This business offers 7 lines of cabinetry from inexpensive to custom. All of their lines of cabinetry are from well-respected cabinet manufacturers. Their selling margins are approximately 40%. The company does not require much overhead to run the operation.
Reason For Sale:
The primary reason for selling is the sellers can not effectively manage the business anymore due to also running their Florida business. They have two showrooms in Florida.