Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Modern Cabinet Design And Manufacturing Business For Sale

San Francisco County, California - North, US
Asking Price:
$950,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,590,493
Cash Flow:
$411,748

Here is an excellent opportunity to acquire a profitable, well-established modern cabinet design and manufacturing business with a retail showroom located in San Francisco Bay Area. The business specializes in modern kitchen cabinetry for single and multi-family residential projects.

The business serves the medium-to-high end market for modern kitchens and also designs/supplies cabinets for but can provide for bathrooms, closets, and other living spaces. The cabinets are fabricated in the United States and Canada using the highest quality components such as drawers, hinges, opening hardware, and face finishes, largely from European suppliers. The business also provides design services, including 3-D drawings and renderings as part of the design development and sale process.

The business was started by the present owner in 2007, to address the growing demand for quality, well designed kitchens made in the United States.

The ideal buyer is an existing cabinet manufacturing business, interior designer or retail cabinet dealer. Buyers with experience in design or fabrication, or home improvement is preferred.

Property Information

Real Estate:

Lease

Premises Details:

Leased office/retail space of approximately 1,200 square feet.

Business Operation

Expansion Potential:

New housing and remodeling

California is facing a severe housing shortage which is not forecast to ease even with the record number of housing starts.

New multi-family housing projects are designed almost exclusively in a modern style, therefore modern kitchens are specified by architects as part of the project

The Bay Area, and San Francisco specifically is a wealthy market. The median income in San Francisco is over $119,000 per year. The Bay Area is in the 97th percentile of income levels in California.

Real estate values continue to rise as they have over decades, making remodeling a financially reasonable choice. Kitchen and bath remodels in particular enhance the value of real estate and generally more than pay for themselves.

These conditions make the SF Bay Area a prime growth market for modern kitchen and bath cabinetry.

Apartment housing

This business has focused its multi-family bid participation to condos because developer budgets are higher. The market has shifted somewhat to apartments. To meet this demand, which has lower budgets, The business has teamed up with a factory whose modular cabinets cost allows it to compete for these projects without sacrificing quality. The only limitations are cabinet sizes and finishes, but developers are willing to accept them for the lower cost. This business expects to be awarded its first major apartment project—over 450 units—shortly, and is bidding on others.

New geographies

This business could expand its market to other urban centers, such has Seattle, Portland, Los Angeles, San Diego, Chicago, and New York. Other US kitchen companies still have not met the challenge from European competitors who have entered the market with innovative design, new materials, and improved functionality: US kitchen designs are largely versions of “modern” kitchens developed in the 1950s. Most architects continue to “design” kitchens from this era.

This business could fill the niche for modern kitchens that meet the design challenge, with cabinets made in North America in a larger geographic market.

New products

Following most branded European kitchen companies, there is an opportunity to develop lines of furniture that can be fabricated using existing cabinetry machinery. Such lines could include dining tables, closets, night stands, buffet tables, work tables and more.

Leveraging relationships

The business has formed a relationship with a general contractor that would like to have a single-source cabinet supplier/installer.

Competition / Market:

Competitor include cabinet manufacturers, dealers and shops serving medium to high end market for single family and multi-family projects.

Reasons for selling:

After almost 15 years of owning and operating the business, the owner is looking to retire.

Trading hours:

Monday-Friday 8:30am-5:30pm

Employees:
4 FT
Years established:
15

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

A Seller’s permit from the California Department of Tax and Fee Administration and a local business license is required to operate the business.

Furniture / Fixtures value:
$108,115 - included in the asking price
Inventory / Stock value:
$845 - included in the asking price
Relocatable:
This business can be relocated.

Contact Murphy Business & Financial

  1. This email address is already registered. Log in to continue.
      1. Postcode not found. Please try again

    1. or
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

  2. What will happen?

    When you tick this box we will pass a copy of your details (excluding your message) along with the name of the business you inquired on to finance specialists Guidant Financial. They will contact you about financing your business purchase.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to Murphy Business & Financial. For more information about how we use your data, read our privacy policy.

Selling a business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business