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  Home > Search Results > For Sale: Kitchen Cabinet Retail Company

For Sale Kitchen Cabinet Retail Company In San Mateo County, California

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Contact: Tim Cunha at 650-600-3751, 650-204-1802 - Log In To Message/Email This Contact
Last Revised: 10/25/19. Posting #: 10249157
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Financing  
Key Words: kitchen, cabinets, cabinetry, wood, wood cabinets, kitchen cabinets, distributor, distribution, san mateo
Financial Info: Asking Price: $699,900. Annual Sales: ~$500,000; Annual Net: ~$200,000. Performance based on owner-operator working 60% of “normal” workdays. SBA-loan pre-approval pending. Some seller-financing may be available for a qualified buyer.
Profile: Kitchen Cabinet Retail Sales Broker-Distributor
With a select group of top-quality manufacturers, this business sells elegant affordable custom all-wooden ready-to-assemble kitchen & vanity cabinetry delivered in days, serving the greater San Francisco Bay Metro Area. One owner, no employees. 100 vacation days a year. SBA-approval pending. BBB A+ rating. Semi-absentee potential.

Annual Sales: ~$500K, Annual Net/SDE: ~$200K. Performance based on owner-operator working 60% of “normal” workdays. The Asking Price is $699,900; All reasonable offers will be considered. SBA-loan pre-approval in process. Some seller-financing may be available for a qualified buyer.

> Every-day, same-day great pricing on In-Stock Cabinets

> Custom Cabinets are delivered in about 2-7 days

> A limited selection of cabinets are shipped nationwide

> Customers shop on-line, by telephone, by email, or by fax, or at the private showroom on the San Francisco Peninsula by appointment

> Elaborate, extensive, state-of-the-art website with hundreds of graphic illustrations and detailed information to make online shopping simple and easy for the homeowner, the contractor, the designer, or the re-seller.

> Prompt Professional Service

> Over 16 years of great service and sterling reputation

> BBB rating of A+, with zero claims…ever

> All-Wood cabinets are delivered “ready-to-assemble” (“RTA”) within 5-7 days: Raised Panel, Painted, Contemporary, Traditional, Arched-Door

> Cabinets are ALL WOOD Construction- NO MDF

> Extension Ball Bearing Slides on all drawers

> Soft close on all drawers and doors std. on most lines

> Dovetail Drawers standard on all lines

> Highest Quality Standards

> Additional Products include Cabinet Accessories, Plumbing Fixtures, Range Hoods, Quartz & Granite Countertops, etc.

> Sales are about $500,000 per year with net/SDE of $200,000, by one owner-operator, with no employees, and 100 vacation days every year! (Owner works about 60% of “full-time.”)

> The business is operated out of a private, “by appointment only” showroom.

> With a full-time owner-operator and “normal” vacations, and a storefront “by appointment” showroom, sales and profit could easily double (or more) in a year.

> Wholesale pricing and commission programs available to retailers, designers, and contractors.

> The business does no manufacturing, no assembly, no installation—no license or technical expertise required.

The Transaction will be for the purchase of the entire business. The ASKING price is $699,900 (~3.5X SDE / 1.4X annual gross revenue), plus then-current inventory at cost. Seller will provide all necessary training and support for a seamless and easy transition. Some seller financing may be available for a qualified buyer with adequate collateral.

The transaction would include the transfer of all tangible and intangible business assets, including but not limited to all FF&E, customer database, vendor relationships, website(s), domain name(s), phone numbers, trade name(s), intellectual property, etc.; but, not including A/R, A/P, cash-on-hand, lease security deposit(s), and business entity, with inventory acquired at a to-be-negotiated cost-basis price.

Note: All data on this business are provided by the Seller for information purposes only and no representations are made by the Broker as to accuracy. The Broker has made NO independent verification of the data contained herein. The Broker represents the Seller and does NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.

Broker: Tim Cunha, J.D. Cal. BRE# 01919755

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Contact: Peter Siegel, MBA at 925-701-8064 X313, 925-785-3118 (Cell)   Log In To Message/Email This Contributor
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
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Contact: Tim Cunha at 650-600-3751, 650-204-1802 (Cell)   Log In To Message/Email This Contributor
Profile: I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a FREE business evaluation & SWOT analysis for your business anywhere in the USA.
Key Words: tim cunha, cunha, EvergreenGold, california, sf bay area, business broker, brokerage, san francisco, palo alto, santa clara county, contra costa county, alameda county, marin county, sonoma county, san mateo county
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Contact: Willard Michlin at 805-428-2063   Log In To Message/Email This Contributor
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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Contact: Anthony Citrolo at 631-390-9650, 516-346-5272 (Cell)   Log In To Message/Email This Contributor
Profile: Anthony is a CPA, Certified Merger & Acquisition Advisor (CMAA) and is the founder of The NYBB Group, LLC. (New York Business Brokerage (2003) and NYBB Commercial Real Estate, Inc.). Anthony has a history as an entrepreneur having owned and operated several companies over the past 40 years.
Key Words: anthony citrolo, the nybb group, business broker, business intermediary, valuation, business valuation, consultant, daycare, pre school, furniture, equipment, direct mail, remodel, kitchen, bath, design, evaluation, hvac, painting, commercial painting, renovation, nassau, new york city
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Contributor: Peter Siegel, MBA at 925-701-8064 X313   Log In To Message/Email This Contributor
Profile: Obtaining business purchase financing can take business buyers many months, however, there are a number of ways Business Buyers can prepare in order to obtain faster SBA loan approvals from financial institutions. Peter Siegel, MBA shares a list of documents to have prepared for faster approvals.
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Contributor: William Bruce at 251-990-5934   Log In To Message/Email This Contributor
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
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