Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Saleable Decorative Fixture And Hardware Supplier! (37910) For Sale

Florida, US
Asking Price:
$2,900,000 Furniture / Fixtures included
Sales Revenue:
$6,632,697
Cash Flow:
$722,363

Situated within a luxury region in the state of Florida, this exquisite kitchen and bathroom designer provides decorative fixtures and hardware.

Through retail and wholesaling, bathroom and kitchen products, including faucets, door accessories, lighting, and top cabinetry hardware are provided to an aristocratic community.

Presenting over 160 hardware brands and oversights on all design and installation services, the company ensures a quality client-contractor relation to meet every industry standard and offers an ‘after-sale’ monitoring visit.

Thanks to decades of strong reputations, paired with large and repeating customer bases, growth projections for 2023 approach $7 Million in Gross Sales, as big opportunities exist in taking the business to the next level.

With excellent control of the local market, the center of operations is a 12,000-square-foot showroom facility that comes with 3,000 sq. ft. of production and warehouse space plus 1,000 sq. ft. of office area.

The property holds a monthly tenancy of $13,650 expiring in 2026, with options to extend a five-year renewal.

As demand for their high-end products has grown, scalable opportunities exist with second or even third-shop installments.

An experienced team of twelve nonunion employees is most likely to remain post-sale and the business can be run absentee of ownership with the addition of a bookkeeper.

The current owner is amenable to a flexible transitioning period.

Offered as a debt-free business at the time of purchase and including varying inventory per project, its total Revenues for 2022 climbed to $6,632,697 alongside Discretionary Earnings of $722,363 and EBITDA of $536,760.

Besides a maintained website and their engagements on social media, promotion efforts include trade publications and sponsored special events that connect architects, designers, high-end consumers, and referral sources.

Property Information

Real Estate:

Lease

Premises Details:

Also features current Receivables of $32,089. Equipment range is from $500K to $700K.

Size in square feet:
12,000+/-

Business Operation

Reasons for selling:

Burnout / Pursue Other Interests.

Trading hours:

Monday to Friday 8:30AM - 5PM.

Employees:
12 nonunion.
Years established:
2008

Other Information

Support & training:

Can be run absentee with addition of bookkeeper after a flexible Owner Transition period.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$700,000 - included in the asking price