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.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.