Tupelo Data Room
Building Material & Hardware Stores, Other Building & Construction, Lumber & Wood Products, Furniture & Furnishings Stores, Other Retail, Other Service Businesses
Active

Custom Cabinet Design Firm

Newport County, Rhode Island, United States
listing image
Asking Price$950k
Revenue$1.45m
EBITDA-
Cash Flow$305k
Description
This highly respected, family-owned kitchen and bath design business has been serving clients in Rhode Island for over 40 years. Specializing in custom cabinetry and countertops, the company caters primarily to high-end homeowners, including those with luxury second homes. The company proudly represents multiple premier custom and semi-custom cabinetry lines, as well as high-end kitchen countertops like granite, and sinks and faucets. Operating with an efficient, low-overhead business model, the company does not carry inventory or perform installations, making it an attractive business for a new owner seeking a streamlined and profitable operation. Its geographic location provides easy access to affluent communities, ensuring a steady flow of business, while its beautiful showroom—boasting excellent roadside exposure—allows customers to tour and experience a variety of luxury cabinetry and countertop options firsthand. With its great reputation, long tenured staff and significant growth potential, this turnkey business presents an outstanding opportunity for an entrepreneur or industry professional looking to acquire a well-established, profitable company. Inquire today to learn more.
Real Estate
Rent is $1,830 per month
Building Size: 1300 sq. ft.
Number of EmployeesFull-Time: 4Part-Time: 1
Year Established
1985
Reason Selling
Retirement
Facilities & Assets
The business is operated in a well-designed 1,300 sq. ft. office and custom showroom, providing a professional and inviting space for customers. The layout includes a dedicated sales area, ample storage space, and a private bathroom, ensuring both functionality and convenience. Additionally, the property features plentiful onsite parking, making it easy for customers and employees alike. The current owner leases the space, offering a seamless transition for a new owner looking to step into a fully operational and well-located business.
Support & Training
The owner is willing to remain involved during the transition period after the sale, ensuring a smooth handover and providing valuable guidance to help the new owner confidently step into the business.
Growth Opportunities
The company does not do any advertising to attract new customers. Adding a marketing campaign within their current geographical customer base as well as expanding that radius can add significant growth opportunities.
Financing Options
Seller financing is available.This business has been reviewed favorably by an SBA lender and a qualified buyer should be able obtain an SBA 7A loan to finance the purchase of the business..
Asking Price$950k