Cabinet manufacturer with impeccable craftsmanship working with high-end home builders and direct to the consumer. The company does start to finish design and manufacturing of quality cabinet boxes made of birch. Company then orders doors based on client choice of style and color. The company has been established for 25+ years and at one point was doing over 2 1/2 million in sales but the seller has slowed down. Seller is willing to stay on in sales and to help the transition. SBA Pre-Qualification is available. Please refer to listing #, Agent Joseph Nicolini when inquiring about this listing. Thank you
- Asking Price:
- $279,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $529,708
- Cash Flow:
- $98,754
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Terms Options: open, Lease Expiration Date: December 30, 2020
- Leasehold Rent:
-
$1,707 per annum
- Location:
-
Type of Location: Industrial
- Premises Details:
-
Woman owned and established for 27 years
- Size in square feet:
- 1,700
Business Operation
- Expansion Potential:
-
With the booming economy a advertising campaign should easily bring this company back to it's glory days. The institution of some automated machinery could also help turn out more work
- Competition / Market:
-
Unlike the box stores this company still uses old world cabinetry techniques makin their quality uncompromised
- Reasons for selling:
-
Semi Retirement
- Trading hours:
-
Mon - Fri 7:30 a.m. - 3:30 p.m.
- Employees:
- 2
- Years established:
- 27
Other Information
- Support & training:
-
Will train for 2 weeks @ no cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Loan/Seller- Amt: $27,900 @ 7% for 36 Mos = 861.47
SBA avail. Amt: 223,200 Mos: 120 Rate: 6.00 Mo Pmt: 2,477.98
- Furniture / Fixtures value:
- $46,000 - included in the asking price
- Inventory / Stock value:
- $6,000 - included in the asking price
