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Decorative Plumbing Business - Assets & Customer List For Sale

North Hampton, New Hampshire
Asking Price:
$112,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$349,000
Cash Flow:
$42,489

Great opportunity to own and operate a decorative plumbing supply business in beautiful Seacoast New Hampshire! The business maintains a beautiful showroom in an optimal location for heavy foot traffic. Specializing in selection and sales of boutique and brand name faucets, fixtures, countertops, cabinets, accessories, for both kitchen and bath. The business also sells supplemental products including disposers, water heaters, decorative stops and drains. Additional services include bathroom design and project coordination.

Property information

Real Estate:

Lease

Lease Terms:

Currently tenant at will. Original lease term 3yrs. Will assist in transitioning with landlord, a lease will be required. Outside repairs and maintenance, mowing, plowing, included in rent.

Leasehold Rent:

$26,400 per annum

Location:

The business is located near major highways and has ample parking. Property is leased monthly, and is located near several businesses providing complementary services.

Premises Details:

The beautiful airy 2,000 s.f. showroom displays plumbing fixtures that designers recommend for their clients. Open M-F, and Saturday mornings, as well as by appointment. Double doors to side of location allow for easy loading/unloading into 500 sf warehouse room. Additional private office/storage room.

Size in square feet:
2200 sf

Business Operation

Expansion Potential:

Company has strong customer relationships and reputation in the community. There is an opportunity to increase business by adding personnel and increasing market spend.

Competition / Market:

The business serves the geographical market of Northern Massachusetts, NH, and Southern Maine primarily. Business is also done throughout the country on a wholesale project basis. The business is unique in that their plumbing specialists work with each client personally in order to fulfill their specific needs. Few other businesses in the industry provide this personal service.

Reasons for selling:

Retirement

Trading hours:

M-F 10-5, Sat 10-2

Employees:
2
Years established:
9

Other Information

Support & training:

Owner will stay on to train, aid in transition for a smooth hand-off for up to 3 months.

Financing available:

Willing to accept 50% cash at date of signed agreement, balance of 50% within two months of that date

Furniture / Fixtures value:
$72,741 - included in the asking price
Inventory / Stock value:
$9,425 - included in the asking price
Website:
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