37203 - Comm. Millwork Cabinets-surface Countertops-Trim


37203 - Comm. Millwork Cabinets-surface Countertops-Trim

Asking Price:$485,000

Cash Flow:$65,000

Gross Revenue:$232,000





*not included in asking price.

37203 - Comm. Millwork Cabinets-surface Countertops-Trim

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Business Description

This cabinet and trim mfg company is located near Wichita, Kansas. They specialize in architectural millwork cabinets, solid surface counter tops and trims. While most of their clients are commercial, they do have residential customers as well. They offer a variety of products and services, including custom cabinet design and fabrication, custom counter top design and fabrication, as well as parts production for the customer to assemble. All of their cabinets are CNC machined for a precision fit and come with a 1-year warranty for workmanship and materials. They have a large client base as well as excellent relationships with many commercial clients in the area.

This cabinet and trim company has been in business since 1998 with the current ownership. After years of hard work and dedication to building this business, the current owner has decided to retire and let a new owner take this business to the next level. This owner-operated business is managed in a hands-on fashion, giving the owner full control over the quality of products and the customer service provided. Out of their total revenue, 80% comes from commercial cabinets and tops, 15% from solid surface tops, and 5% from trim work. This company offers a new owner a successful business with stable revenues. Equipment and inventory included in the sale For more details please contact us.

Detailed Information

Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The current business location is not included with the sale, but the business can easily be relocated. Located in a large building with 5 other other businesses, lease space. The best relocation possibilities would be with in a 25 mile radius. There are two offices both 7x10, a shop area of 3,000 SF, storage is 7x20 (above offices) and a storage closet 7' x 5' They practice Just in time inventory for all of their wood products. With a paved drive, semi trucks can come and go for delivery or pick up. Located 3 blocks from major interstate, business access is easy. Current landlord is very nice and cooperative.
90% repeat clientele. Customers choose this business because of their great reputation and excellent customer service. Their quality workmanship is guaranteed and they have a very high rate of customer satisfaction. Throughout their years in business, this company has built an excellent reputation as well as many loyal customers.
Growth & Expansion:
There are many effortless growth opportunities for this business. An assertive new owner might consider rejoining the American Woodwork Institute and becoming a QCP (Quality Certification Program) shop. Revenue could also be increased by expanding the trim work offered and running component parts for other shops on the CNC machine. Another opportunity comes from stronger sales efforts such as outside sales and stronger marketing efforts with a sales team. With local construction projects and the city's plans of huge growth in 2016, a new owner could definitely take advantage of this great opportunity!
0%. Negotiable for the right buyer.
Support & Training:
Key employees will most likely stay after transition. Two Full time owners are available for a reasonable transitioning period.
Reason for Selling:
Approaching retirement.

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