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Sunbelt of Santa Fe

Premier Kitchen & Bath Showroom With Real Property For Sale

New Mexico
Asking Price:
$2,600,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$6,781,454 (USD)
Cash Flow:
$671,552 (USD)

Working with homeowners, builders and contractors, this full-service kitchen, bath and flooring business dominates the Southern New Mexico market. This turnkey business is the one-stop shop for new home and remodel projects. The well-appointed showroom and slab yard is a place where customers can browse the latest in cabinetry, counter tops, flooring, decorative tile and hardware. Integrated design, estimating, fabrication and installation services make for an easy and seamless wraparound experience. Each of the company’s divisions are overseen by a manager, who drives forward the business’ philosophy on delivering professional and caring customer service. A strong reputation, word-of-mouth referrals and repeat business has fueled the business’ growth. Since opening in the early 2000s, its footprint has expanded throughout southern and eastern New Mexico and into Texas. Its fleet of eighteen vehicles and trailers, including in the FF&E, can be seen throughout the region. Approximately eight out of every ten new homes features this company’s products. The established client base numbers over 100 builders and no account represents more than 14% of sales. Key client relationships are held by employees.

Property Information

Real Estate:

Real Property Included

Premises Details:

N/A

Size in square feet:
10000 sq ft

Business Operation

Expansion Potential:

New owners will take advantage of ongoing investments in equipment, professional training, and product lines to continue to grow this business.

Competition / Market:

This business enjoys an established and dominant market position with an active base of repeat customers.

Reasons for selling:

Retirement

Trading hours:

Days: Mon - Fri, Hours: 9 am - 5 pm

Employees:
Full Time: 34, Part Time: 2
Years established:
15

Other Information

Support & training:

Training and support will be provided during the transition phase.

Financing available:

Downpayment Required: $50,000

Furniture / Fixtures value:
$714,407 (USD) - included in the asking price
Inventory / Stock value:
$100,000 (USD) - included in the asking price

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