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Manufacturing Company Custom Closets Storage Solutions For Sale

Atlanta Metropolitan Area, Georgia, US
Asking Price:
$19,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$14,549,327
Cash Flow:
$3,159,080

Custom Closets and Storage Solutions - Design, Manufacturing and Installation, Price: $19,000,000

2022 EBITDA on track to hit $4,000,000+ by year end. Established Southeastern Company with two locations provides storage solutions for many applications (home, office, retail space, etc.) Company manufactures and designs closets, offices, garages, entertainment centers, mudrooms, pantries, laundry rooms, and free-standing wardrobe closets with custom Made in the USA high quality products. Seasoned management team in place. Team can implement growth initiatives and drive operational excellence toward continued profitability. Excellent opportunity for a new owner to capitalize on the increasing demand in the residential market for upscale storage systems. With industry-wide recognition for superior design, quality and service, the Company has sustained continued growth through a strong customer base.

Property Information

Real Estate:

Lease

Lease Terms:

Rent $18,500 - Sq Ft: 33,500 - Term: 3 year - Exp Date: 12/31/2024

Premises Details:

29,000 sq. ft. two story office, showroom and warehouse, plus 4,500 meeting space.

Business Operation

Reasons for selling:

Retirement

Trading hours:

M-F 8:30am-5pm

Employees:
86
Years established:
10

Other Information

Support & training:

Negotiable, working owner open to staying as part time consultant after the sale.

Furniture / Fixtures value:
$1,521,000 - included in the asking price
Inventory / Stock value:
$450,000 - included in the asking price

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