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Cabinet Manufacturer In San Diego County! (17764) For Sale

San Diego County, California - South, US
Asking Price:
$350,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,261,511
Cash Flow:
$514,000

Residential and Commercial clientele bring profit margins over 35%! Servicing the San Diego County of California, this company provides manufacturing and installation of custom cabinets, bookshelves and countertops for building contractors, residential homeowners, and even larger projects within Los Angeles. Specializing in a wide array of products like furniture, doors or braces, to laminations and remodeling, business enjoys an A+ rating with the BBB, thanks to their experience and longtime relations with clients. This shop-based manufacturing facility totals 5,000 square feet that features a parking lot and is found in excellent condition, property holds a triennially renewed lease and can handle extra capacity. As 2022 expects projections consistent with company’s climbing history. Revenues for 2021 summed $1,050,169 alongside Discretionary Earnings of $419,675 and Adjusted EBITDA’s of $376,198, based on an independent evaluation! With distribution options available and open streamlining possibilities, the company’s diversity is a huge draw as their ideal flexibility for future strategy optimizations will ensure maximum industry growth. Reliable personnel of seven nonunion employees agree to remain post-purchase and continue owner-involved operations during a smooth transitioning period under managerial positions to acclimate new ownership. Besides maintaining a website, marketing opportunities exist with more work for developers, as efforts center on backing referrals from their large and recurring customer base through superior, quality services.

Property Information

Real Estate:

Lease

Size in square feet:
5,000+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Daily; 7AM - 4:30PM.

Employees:
7 nonunion.
Years established:
1983

Other Information

Support & training:

Smooth Transition period to acclimate new ownership.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$438,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price

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