Summary
- Asking price:
- $250,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $200,000
- Cash flow:
- $40,000
- Years established:
- 38
- Home based:
- This business can be run from home.
Business description
This custom cabinet shop is a sole proprietorship and was founded in 1972. They enjoy a solid customer base in economically stable sectors such as retail casework, insurance claims and custom projects for larger cabinet manufacturers who need to sub-contract. They also have a 30 year track record of producing commercial casework, retail interiors, and museum fixtures, trade show exhibits, traveling exhibits, custom cabinetry and door and millwork packages for discerning clients. The beauty is that this business can be operated in a “hands on” or “absentee” manner. This is a very stable business and an amazing opportunity for the right buyer. Submit a request today for additional information!
Property information
- Real Estate:
- Lease
- Premises details:
- This leased, 3,840 sq ft facility has 2 levels and is located within an industrial park on a city street. The structure is in good overall condition with somewhat high traffic and visibility. There is additional space that could be leased by the new owner
Other information
- Expansion potential:
- In the past 30 years, this cabinet shop has relied on “word of mouth” advertising. They have an extensive list of satisfied customers to use as referrals. A marketing/advertising campaign can capitalize on this and spread the word to a broader customer base. To produce the amount of work required for addition growth, additional employees will have to be hired. A possible avenue of diversification could come from developing a non-custom cabinet line, with standard sizes and features. Examples include trophy cases/displays and commercial casework.
- Competition / Market:
- There is some competition in this market
- Support & training:
- Owner agrees to stay through a reasonable transition period top acclimate you to the business, employees and clients
- Reasons for selling:
- Retirement
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- Owner financing up to 20% is available for the right buyer
- Furniture / Fixtures value:
- $75,000 (included in the asking price)
- Inventory / Stock value:
- $13,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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