Manufacturer Of Commercial Cabinetry And Mill Work For Sale

Business description

This company provides an array of cabinetry, mill work and counter top needs for companies and does some residential work. Customers include builders and general contractors for the most part. Numerous high-profile corporations have been serviced by this growing company, while the majority of business is
sub-contracted through large commercial construction outfits. The company produces the highest quality
cabinetry work whether simply distributing and installing the “right fit”, or custom manufacturing
exact specifications for the client. Contemporary equipment and processes are utilized by the
staff, and delivery and installation are a part of the business model. The “one-stop shop”
approach has earned the business a great reputation. From this great reputation, the company has only needed to rely on "word-of-mouth" and referrals as means to generate business. The company could definitely benefit from a sales force and increased marketing and advertising, as the company does very little as this point.

Property information

Real Estate:

Lease

Leasehold rent:

$45,683 per annum

Location:

This company uses 57,000 sq ft of a 140,000 sq ft facility all owned by the owner of the company

Size in square feet:

57,000

Other information

Expansion potential:

Growing local and regional market share through a sales force and increased marketing and advertising, which the company does little of right now.

Support & training:

One of the two 50% owners would like to stay on-board in a management or transition role with the buyer

Reasons for selling:

Other Opportunities

Trading hours:

M-F 8 a.m.-5 p.m.

Furniture / Fixtures value:

$831,645 (included in the asking price)

Inventory / Stock value:

$40,000 (included in the asking price)