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Listed by:

Rocky Mountain Business Advisors

Established Mountain Cabinetry Business In Dillon For Sale

Dillon, Colorado, US
Asking Price:
$300,000
Sales Revenue:
$548,490
Cash Flow:
$92,621

Available for purchase is a very well-established and growing cabinetry business located in Summit County, Colorado. The business has eclipsed 2019's revenue and profits already through the first 8 months of 2020. The business projects 2020 revenues in excess of $800,000 with Seller Discretionary Earnings above $140,000. This business specializes in new kitchen/bath cabinet sales, cabinet installation, cabinet refacing/rebuilding, kitchen design services, veneer, under cabinet LED lighting, Back-splashes and Counter tops. Centrally located between four major resort areas, this business services condo owners who wish to improve their properties, high-end homeowners wishing to remodel their residences, and developers who are building ground up in the area.

In 2014, the owner was working in property management in Summit County and realized there was a very underserved market for cabinet refacing and new cabinet sales. Since the business’s inception it has enjoyed consistent year-over-year growth and an increase in product offerings to diversify revenue streams. The business has employees in place such that the owner can focus on high level business management and growth of the business. The business has developed installation process and specialized tooling that has increased efficiencies and reduced installation and refacing time.

There are major growth opportunities in new construction and both the commercial and residential remodeling space. The business is currently booked out several months for installations and recently began working with a large area developer on new multi-unit projects.

Property Information

Location:

Dillon, CO (Summit County) (Relocatable)

Premises Details:

Showroom and Offices.

Business Operation

Expansion Potential:

One of the key growth opportunities for the business is to continue increasing the number of multi-family projects that the business bids on and completes. Working on larger scale, higher dollar value projects will increase the per project amount and increase the amount of revenue that is brought in by the commercial side of the business. This can be done by developing additional relationships with local property management companies, designers, and builders.

Competition / Market:

This is the only business in Summit and Eagle counties that specializes in cabinet refacing. There are other location companies that compete for new cabinet sales and installation. The company has been dealer partner for Showcase Wood Products in the area since 2013 and there are currently no other dealers in the area. This has helped set the business apart from its competition by providing a superior product than some other local competitors.

Reasons for selling:

Retirement

Employees:
8
Years established:
2013

Other Information

Support & training:

4 weeks of hands-on training.

Relocatable:
This business can be relocated.

Contact Rocky Mountain Business Advisors

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