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Listed by:

Transworld Business Advisors of West Florida

Absentee Ownership Well Established Closet-Cabinet Manufacturer For Sale

Citra, Florida, US
Asking Price:
$1,750,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,143,100
Cash Flow:
$519,570

The company designs Closet and Cabinets, State of the art manufacturing equipment builds and installs closets, cabinets, libraries, media centers, home offices,
wall beds and garage storage .They have been in business 20 years. 2022 they expanded to a Modern high-end showroom
3,000 Sq Ft Showroom from 1,500 Sq Ft and went from 1,800 Sq Ft to 2,700 Sq Ft. of warehouse
storage, Employees are well versed and trained In the industry
Perfect Opportunity for E-2 visa
Cost of goods will go down dramatically they're manufacturing their own closets and cabinets in 2025, Seller is projecting Savings of $200,000 just from Custom Closets production Division Only ,Without Any Potential New Cabinet Jobs
Please refer to listing #3353745294 and ask for Joe Di Bartolo when inquiring.

Property Information

Real Estate:

Lease

Lease Terms:

Lease Expiration Date: July 1, 2028
Terms Options: 5-years

Leasehold Rent:

$11,558 per annum

Location:

Leased - Strip Center

Premises Details:

Plaza

Size in square feet:
5,700

Business Operation

Management type:
This business has absentee ownership.
Reasons for selling:

Personal

Trading hours:

M-F 9-5

Employees:
15
Years established:
20

Other Information

Support & training:

Seller will train for 1 week at no cost

Furniture / Fixtures value:
$375,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price