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Custom Cabinets & Countertop Sales, Service, Manufacturing
Location Virginia,United States
Asking Price Range $250K - $500K
Gross Revenues $350000
Net Profit / Cash Flow $40000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1965
Number of Employees 4 - 5
Inventory 115000
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training The owner is willing to stay for a reasonable transitioning period.
Reason for Sale Retire.
Description This full service cabinet shop installs, builds and services cabinets and countertops. The owner of this fine venture has owned and run it for 25 years. They are known for an excellent reputation since 1965 and for its expedient and reliable service, expertise in the field and quality cabinetry and countertops. They have convenient hours and location with competitive pricing. They maintain an extensive base of satisfied clientele from all walks of life, both private and commercial sectors, who appreciate form, function, durability and last but not least, beauty! There are many avenues for growth, especially with increased advertising or by networking within the appropriate market sectors. This is a successful, well established, cabinet and countertops manufacturing, servicing, retail business, 45 years in the making will not last long.
The services are provided for homes and office buildings. They also sell and install 3 brands of factory made cabinets. This fine business sells and install 6 brands of solid surface countertops. The customers can choose any species of wood for their projects because this company carries an extensive variety. With such a great reputation for their services a new buyer could easily use this to his advantage for growth and expansion.
The services are divided as follows: 60% goes towards commercial casework, 30% goes towards residential kitchen cabinets and counter tops, and the other 10% is dedicated to their custom millwork services.
A new owner could obtain growth and expansion by moving to a different location and obtaining more machinery for productivity. they might also want to consider selling more factory made cabinets. There's always room for further advertising and hiring more staff.
Though the area is competitive, satisfied customers come back and refer because the deliver a premium product at a reasonable price. All inventory and equipment are included in the asking price of $275k with 40% financing.
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