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Asking Price$400,000
Revenue$1,200,000 Established1990
Cash Flow$300,000 Employees1 full-time
FF&E$15,000 FranchiseNo
Inventory$1,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 32461

This is a full service apartment and home renovation firm that specializes in high end condo and co-op renovations in New York City. Their expertise is in kitchen and bathroom renovations, built-in closets, cabinets, painting, wood floor services and more. They also do smaller jobs like rental apartments and small condos. Their revenue potential is strong. The show room is located in one of the most affluent neighborhoods in Manhattan and they have been in business for 30 years. They are one of the most respected master renovators in all of New York. They have a tremendous referral business. Their overhead is extremely low with only one full time employee. The rest of the labor comes from fully licensed master carpenters, plumbers and electricians which are paid on a "per job" basis. The owner has relationships with hundreds of contractors, designers, carpenters and architects, and is willing to stay on as long as needed to train the new buyer. More Importantly, the owner who is an expert renovator with 40 years of experience can stay on as a subcontractor. The store is approximately 1300 square feet and consists of a beautiful showroom and a shop where they fabricate their cabinets and countertops.
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Training/Support:Seller will train
Seller Financing:200,000.00 Down & $200,000 over 36 months at 6%
Sale Reason:Other interests
Ad #124320
Seller Reference #32461
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