Summary
- Asking price:
- $450,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $675,000
- Cash flow:
- $150,000
- Years established:
- 5
- Employees:
- 6 FT
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Business description
This company is a manufacturer of a full range of custom wood kitchen cabinets, countertops, and furniture. Customers include local homeowners and residential contractors with majority of work in affluent neighborhoods (over 4,00sf). They are recognized as one of the leading cabinet manufacturers in Dallas Fort Worth and enjoy repeat business with a core group of custom home remodelers. Existing equipment can handle significant increase in production.
Property information
- Location:
- The facility is over 5,300 leased space in an industrial, tilt wall concrete warehouse and ideally located within a 20 mile radius of key customers. The current lease is a full service, month to month lease, totaling $1,290 per month. Owner may consider a longer term lease.
- Size in square feet:
- 5,300
Other information
- Expansion potential:
- Opportunity for growth is good. Demand continues to expand in the high-end residential market which has remained resilient to recent recessionary trends. Growth can be increased by adding new contractor customers, adding an outside sales person, and advertising to affluent neighborhoods. Equipment, staffing and facilities can be scaled to meet sales increase.
- Competition / Market:
- There are approximately five other cabinet shops that are direct competitors. However, their expertise, reputation, and ability to produce specialized designs creates a competitive advantage.
- Support & training:
- Will train for 4 weeks @ no cost
- Reasons for selling:
- Ready to explore new opportunities
- Trading hours:
- 5:30 a.m. to 4:00 p.m., Monday through Thursday
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- $150k down/$42k for 60mo @ 7%
- Furniture / Fixtures value:
- $215,640 (included in the asking price)
- Inventory / Stock value:
- $73,608 (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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