Opened since 1996, strong financials are reflected with current Year-to-Dates already up 16% from 2021, thanks to recent organic growth of new county developments and a rising local population. Situated in Southeast Florida, the company provides custom design and installations of manufactured cabinetry for individual residences, such as home offices, garage storage systems, wall unit & media centers, and higher quality closets. Company carries a ten-year written warranty, high ratings, and successful business models of full-payment, primarily upon job completion, catering to both Commercial (10%) and Residential (90%) work. With no consumers making up more than 4% of the annual income, prime opportunities to expand exist through an ideal buyer with a sales team, as company enjoys multiple strategic flexibilities. Reliable personnel of twelve nonunion employees are most likely to remain post-purchase and continue owner-involved operations after a standard transitioning period of twelve months. Listing includes $4K in Receivables (sales are C.O.D.) and projects of up to $2.2 Million for 2022, as Revenues for 2021 reached $2,093,370 alongside Discretionary Earnings of $613,650 and EBITDA’s of $526,971. Their warehousing facility measures 3,700 square feet, holds a renewable tenancy, is found in excellent condition, and is zoned to handle additional capacity. Property comes complete with client reception and meeting areas, offices for sales, administration, and design, as well as space for manufacturing, storage of materials, and project preparations. Apart from a website and online marketing via social media, other promotion efforts center on magazine adverts and referrals from their client base fully backed by a superior service.
- Asking Price:
- $2,495,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- Cash Flow:
- Real Estate:
- Size in square feet:
- Reasons for selling:
Approaching retirement and/or pursuing other interests.
- Trading hours:
Monday to Saturday 7AM - 5:30.
- 12 nonunion.
- Years established:
- Support & training:
Standard Owner Transition period of 12 months.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
Negotiable up to 20% for the right buyer.
- Furniture / Fixtures value:
- $15,000 - included in the asking price
- Inventory / Stock value:
- $35,000 - included in the asking price
- This business can be relocated.