30 Yr Old; Profitable; Commercial Custom Cabinet Mfg; Huge Growth!!

Los Angeles County, CA

Seller Financing Available
30 Yr Old; Profitable; Commercial Custom Cabinet Mfg; Huge Growth!!
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Asking Price: $820,000

Cash Flow: $249,000

Gross Revenue: $1,163,000

EBITDA: N/A

FF&E: $200,000

Inventory: $10,000

Rent: $4,900 /Month

Established: 1989

30 Yr Old; Profitable; Commercial Custom Cabinet Mfg; Huge Growth!!

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Business Description

PERFECT OPPORTUNITY!!!

REPUTATION REPUTATION PROFIT PROFIT!! A chance for you to be
your own boss and run a 30 year old Commercial Custom Cabinet
Manufacturer with CONSISTENT PROFITABILITY. Known for its detailed
DESIGN, QUALITY, ON-TIME DELIVERY and INSTALLATION which equals
great customer satisfaction and REPEAT CUSTOMERS (approximately
70% of sales)!!! Customers always know what they are getting through
computerized shop drawings and 3D renderings. The production
facility has a trained and long-tenured staff that utilizes ADVANCED
CNC MACHINERY which allows for incredible precision and quick turnaround. To date the company works mostly in the GROWING
HEALTHCARE industry (approximately 40% of revenue) with
HOSPITALS, MEDICAL OFFICES, DENTAL OFFICES but also has done
work in EDUCATION, HOSPITALITY AND COMMERCIAL markets. LOTS
OF GROWTH POTENTIAL!! A new owner can quickly grow the business
by continuing to expand into the residential market (currently only
approximately 20% of revenue) as well as grow relationships in the
commercial, hospitality and education markets to supplement the
mainstay healthcare related business but this market is growing and is
expected to continue to do so for the next 20 years! Currently the
company has sold its products all over California without any outside
sales people and the current owner believes that hiring sales people
around the major metropolitan areas can significantly increase
revenue and profits. The current owner is the Founder of the Company
and is retiring. The current owner owns the building and will give a
new owner a great long-term lease!! The current is willing to train a
new owner and even stay on in a supportive role with reduced hours if
the new owner desires. Owner financing is available and will be
evaluated on an offer by offer basis. REPUTATION, CONSISTENT
PROFITS, TRAINED STAFF, LOTS OF GROWTH POTENTIAL!! THIS BUSINESS WON'T LAST LONG!!

Detailed Information

Location:
Los Angeles County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
6/1/2025
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All facilities and equipment in either excellent or good condition.
Competition:
LOTS OF GROWTH POTENTIAL!! A new owner can quickly grow the business by continuing to expand into the residential market (currently only approximately 20% of revenue) as well as grow relationships in the commercial, hospitality and education markets to supplement the mainstay healthcare related business but this market is growing and is expected to continue to do so for the next 20 years! Currently the company has sold its products all over California without any outside sales people and the current owner believes that hiring sales people around the major metropolitan areas can significantly increase revenue and profits.
Growth & Expansion:
30 year track record and focusing on the growing industry of Healthcare. Other smaller competitors but very very few have the track record of this company
Financing:
Up to 50% depending on the offer
Support & Training:
Yes owner will train and potentially stay on depending on new buyers needs and desires
Reason for Selling:
Retirement
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Scott Hartman

Business Listed By:
Scott Hartman

BBDC

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Sponsoring Broker:
Toby Barker

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