Kitchen Cabinets
Raleigh area
Financials
Asking Price: $100,000
Revenue: $2,000,000
Cash Flow: $100,000
Description
Seller Financing: Seller will be investing along with Buyer.
Business Summary
This is truly a unique opportunity to become successful, by partnering with the most powerful force in kitchen cabinet sales in the Raleigh market. This is a new business, and the gross sales and cash flow above are estimates, based on past history, but are not guaranteed. Gross sales represent an estimate of 100% of 1st year sales. The cash flow represents an estimate of a new partner’s 50% share of profits. Please not that the sales and cash flow are based on proforma estimates that buyer should review with his advisors before entering into a binding agreement. This is the 3rd expansion which the company has chosen to undertake by entering into partnership agreements with quality, dedicated people who will become managing partner at a new location -- in this case, Clayton, NC which is a suburb of Raleigh. This will be the 3rd similar type venture the company has entered into. The last time the opportunity (in another Raleigh suburb) came up, we didn’t advertise it, but selected a buyer from people who had already contacted us. The Seller will do site identification and site planning for the store. The Seller will use its tremendous purchasing power to stock the store at costs that are incredibly low. Seller will also contribute its spotless reputation in this area, along with training in the tried and true methods used to become so successful. The business will also be able to take advantage of the strong logistical support (delivery, installation) that can be provided in this area. And of course, the purchasing power, of this business should heavily contribute to ongoing strong pricing and profit success. Plus Buyer and Seller will have mutual interest in the success of this company. Buyer will receive payment for managing the store, seller will receive licensing fees, and buyer and seller will share in profits and losses. Interested Buyers will need to be able to establish a credit line of about $ 100,000 in addition to the initial investment. The first step in this process will be to fill out buyer profiles and confidentiality forms. Interested buyers may then be called into a preliminary meeting to determine whether a “fit” exists. The Seller is looking for a partner who is compatible, personable with sales skills, and is interested in a high margin, high ticket item business. This is a great opportunity for Interior Designers or others with an interest in kitchen and bath cabinets, tile flooring and remodeling.
About the Business
Facilities: Will be identified and will be stocked with high end product at costs well below market.
Market Outlook and Competition: The reputation of the business in the market, and support from the home office, should allow the managing partner to successfully deal with competition.
About the Sale
Management Training and Support: One of the great aspects of this opportunity is the initial training and committed ongoing comprehensive support by an incredibly successful partner with total motivation to see this business succeed and flourish.
Reason for Selling: Expansion. Owner likes to expand, through on site partners who have decision making capability to make the business decisions with some support from Owner.
Business Summary
This is truly a unique opportunity to become successful, by partnering with the most powerful force in kitchen cabinet sales in the Raleigh market. This is a new business, and the gross sales and cash flow above are estimates, based on past history, but are not guaranteed. Gross sales represent an estimate of 100% of 1st year sales. The cash flow represents an estimate of a new partner’s 50% share of profits. Please not that the sales and cash flow are based on proforma estimates that buyer should review with his advisors before entering into a binding agreement. This is the 3rd expansion which the company has chosen to undertake by entering into partnership agreements with quality, dedicated people who will become managing partner at a new location -- in this case, Clayton, NC which is a suburb of Raleigh. This will be the 3rd similar type venture the company has entered into. The last time the opportunity (in another Raleigh suburb) came up, we didn’t advertise it, but selected a buyer from people who had already contacted us. The Seller will do site identification and site planning for the store. The Seller will use its tremendous purchasing power to stock the store at costs that are incredibly low. Seller will also contribute its spotless reputation in this area, along with training in the tried and true methods used to become so successful. The business will also be able to take advantage of the strong logistical support (delivery, installation) that can be provided in this area. And of course, the purchasing power, of this business should heavily contribute to ongoing strong pricing and profit success. Plus Buyer and Seller will have mutual interest in the success of this company. Buyer will receive payment for managing the store, seller will receive licensing fees, and buyer and seller will share in profits and losses. Interested Buyers will need to be able to establish a credit line of about $ 100,000 in addition to the initial investment. The first step in this process will be to fill out buyer profiles and confidentiality forms. Interested buyers may then be called into a preliminary meeting to determine whether a “fit” exists. The Seller is looking for a partner who is compatible, personable with sales skills, and is interested in a high margin, high ticket item business. This is a great opportunity for Interior Designers or others with an interest in kitchen and bath cabinets, tile flooring and remodeling.
About the Business
Facilities: Will be identified and will be stocked with high end product at costs well below market.
Market Outlook and Competition: The reputation of the business in the market, and support from the home office, should allow the managing partner to successfully deal with competition.
About the Sale
Management Training and Support: One of the great aspects of this opportunity is the initial training and committed ongoing comprehensive support by an incredibly successful partner with total motivation to see this business succeed and flourish.
Reason for Selling: Expansion. Owner likes to expand, through on site partners who have decision making capability to make the business decisions with some support from Owner.
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