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Established Custom Millwork And Cabinet Business

Location  United States Virgin Islands
Asking Price Range  < $250K
Gross Revenues  $425000
Net Profit / Cash Flow  $400000
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  2006
Number of Employees  4 - 5
Inventory  99000
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Training  Up to 12 weeks.
Reason for Sale  Relocating.
Description  Well Established Custom Architectural Millwork and Cabinet Business for sale in the US Virgin Islands (St. Thomas). This fully equipped shop currently specializes in custom mahogany millwork and cabinetry. Established in 2006, the company has earned a stellar reputation for quality products, workmanship and on time delivery and installation. Well established high end client base and repeat customers. The company was awarded 'Best Cabinetmakers 2011' in the US Virgin Islands. The shop is equipped to build anything with wood. Some examples of our work include high end residential cabinetry, jewelry store fixtures, custom designed office furniture, one of a kind mahogany entry doors, custom windows and furniture. We recently added a kitchen showroom and have begun to offer kitchen and bath design services along with a few lines of stock kitchen cabinets. Owner will assist with training and introduction to customers/clients. Serious inquiries only! No brokers please. Annual revenue is currently over $400,000 and growing. Past three years financial records will be provided for review. Sale price: $225,000 obo! Email or phone (340) 690-6441. -5 year lease with low rent, good landlord -3,500 sf. Shop with separate spray booth -Shop equipped with 3Phase power -4 long term employees -SCMI SI 16 W Sliding table saw -Rojek 16' RFS 410 long bed jointer (new 2008) -Ritter R30 3 spindle shaper -AMT 72GP Edgebander Hot glue (new 2009) -Unitronex DSMC 63 24' Planer self sharpening system -Grizzly G0569 Heavy Duty 24' band saw (new 2007) -Williams & Hussey Molder, adjustable speed (new 2009) -Laguna LBM200 European Slot Mortiser w/tilting head (new 2009) -Line boring -Laguna 59' turning lathe with semi-auto copy system (new 2008). -Porter-Cable 552 Production Pocket cutter machine -Graco 4900 pro HVLP finishing system. -Ford F-350 stake bed truck -Dust Collectors, miter saws, compressor, racks, knives, blades, hand tools etc.
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