Take over a well-established and well-organized cabinetry, countertop and millwork manufacturer. This manufacturer does commercial millwork only. The current owner started the business over 20 years ago. The company has a great reputation with a very knowledgeable and dedicated staff. The business is located in the western suburbs of Chicago, and they have many local projects as well as nationwide commercial projects. Current YTD numbers are very strong, and the owner has a very positive outlook for business in 2024. The owner would like to retire but will be happy to stay on a few months to ensure a smooth transition for the Buyer. The Selling price of $1,650,000 includes $400,000 in Accounts Receivable to help a new owner with the high working capital requirements. This Business has been reviewed by a preferred SBA lender and the lender is very open to reviewing candidates for an SBA loan with a minimum 10% down payment.
- Asking Price:
- $1,650,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $3,659,000
- Cash Flow:
- $473,700
Property Information
- Real Estate:
-
Lease
Other Information
- Support & training:
-
Owner will ensure a smooth transition
- Furniture / Fixtures value:
- $217,000 - included in the asking price
- Inventory / Stock value:
- $15,000 - included in the asking price
