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Sunbelt of Sacramento

Custom Cabinet Manufacturer In Northern California For Sale

Northern California, California, US
Asking Price:
$499,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$800,000
Cash Flow:
$100,000

This Northern California based Custom Cabinet Manufacturer is a California Sub-Chapter S Corporation that has been in operation for the past 42 years. They have been creating beautiful factory direct cabinets since 1980. They are dedicated to proper planning with careful attention to budget, a one – two combination that produces stunning results for the client who is remodeling a kitchen or building a new home. This company believes there is no substitute for complete communication and attention to detail at the start of the project, to give you the best value in the products and service you deserve.
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value: ON REQUEST
Real Estate Description:
They operate out of a 8,000 square foot manufacturing space, and they also have 1,100 square feet of loft inside of the building. The rent is currently at $8,000 per month on a NNN lease. The Seller does own the building and property, and it may be available for sale dependent upon the needs of the Buyer and the Lender.

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: $8,000.00
Owner worked hours per week: 25
Market Competition: Demand for cabinets in the US is forecast to rise 3.1% annually to $26.5 billion in 2026. Growth will be driven by increases in unit demand, as prices for lumber and associated wood materials (the most popular materials for cabinets) moderate significantly from inflation- and supply chain-related highs in 2021 and 2022.

Property Information

Size in square feet:
8,000

Business Operation

Reasons for selling:

The reason for selling is that the Sellers are looking to retire.

Employees:
Full Time: 3, Part Time: 1
Years established:
42

Other Information

Support & training:

The Seller is willing to provide training for 4 weeks at 20 hours per week. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.

Financing available:

Downpayment Required: $499,000.00

Furniture / Fixtures value:
$250,000 - included in the asking price
Inventory / Stock value:
$25,000 - included in the asking price