This well-established and thriving millwork and cabinetry business is a market leader in the greater Houston area, providing design services, manufacture and installation of high-end custom cabinets and woodwork to residential customers looking to transform their spaces to optimize organization and utilization of the space.
- Asking Price:
- $1,400,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $4,866,459
- Cash Flow:
- $502,058
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The business operates from a location that leverages approximately 15,000 square feet of space for a spacious showroom, design and administration offices, manufacturing operations and warehouse and distribution facilities. The manufacturing and production is done on-site using high-caliber CNC equipment. The real estate is offered separately for $1,500,000.
Business Operation
- Expansion Potential:
-
The business has seen steady and strong sales over the years due to brand strength, quality of workmanship and reputation. Recent growth has focused on improved expense controls to achieve even more efficiency of margins, but additional growth is possible on the revenue side as well. Seller suggests that enhances sales management and growth of the sales team could help, as well as expanding the network of builders and designer partners. Long-term growth would also benefit by the addition of satellite showrooms.
- Competition / Market:
-
The business has been operating for over 25 years, earning it a top-notch reputation in the Greater Houston area, resulting in being the preferred provider by builders, designers, developers, and discerning property owners. The competitors lack the reach and market size, the design capabilities and the ability to handle large-volume production of high-end cabinetry and millwork.
- Reasons for selling:
-
The seller was recently diagnosed with some health issues leading to a decision to sell.
- Trading hours:
-
Monday-Friday 8am-5pm
- Employees:
- 35 FT
- Years established:
- 28
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
Will train for 6 weeks @ $0 cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$1.3M down/$100K over 120 mos. @ 8%.
- Furniture / Fixtures value:
- $588,777 - included in the asking price
- Inventory / Stock value:
- $100,000 - included in the asking price
