37510-Cabinet Manufacturing and Installations

CA

Seller Financing Available
37510-Cabinet Manufacturing and Installations
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Asking Price: $1,850,000

Cash Flow: $615,000

Gross Revenue: $1,400,000

EBITDA: N/A

FF&E: $400,000

Inventory: $20,000

Established: 1984

37510-Cabinet Manufacturing and Installations

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Business Description

Servicing Silicon Valley, there has been exponential growth over the past four years! The company specializes in manufacturing and installing custom high-end European and traditional style cabinets for residential projects. The primary products include manufacturing cabinets for kitchen and bathroom applications. The company operates from a leased 5,000-square foot facility, which includes an appointment showroom, a production warehouse and office space. Offering these services requires a C-6 California’s Contractor License which should be obtained before current owner exits completely. The long-standing employees are loyal and hard-working, putting the buyer in a great place to get acclimated with the business. The company has a proven track record, supported by over thirty years of ongoing business. Revenues have been increasing over the past four years due to a strong local housing market. While revenues were around $623,000 in 2015, 2018 saw nearly $1,400,000 in revenues with Seller’s Discretionary Earnings of $615,000 rounded. Further growth could still easily be attained with additional employees (which they are working on) and a retail storefront. With a large customer base and solid reputation, they continue to attract new customers while maintaining its reputation.

Detailed Information

Inventory:
Included in asking price
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
The owner is available for a standard transitioning period up to one year.
Reason for Selling:
Approaching retirement
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(from currently available funds)
 
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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