Established Commercial Cabinet Manufacturer

Hunt County, TX

Established Commercial Cabinet Manufacturer
Contact Seller

Asking Price: $850,000

Cash Flow: $279,114

Gross Revenue: $782,790

EBITDA: N/A

FF&E: $309,659

Inventory: $5,000

Real Estate: $525,000

Established: 2003

Established Commercial Cabinet Manufacturer

Save Print Share Valuation Report

Business Description

Commercial Cabinet Manufacturing Opportunity Across the United States

PRICE REDUCED. Owners motivated to sell!!
Excellent opportunity for an established Commercial Business Cabinet Manufacturing Business serving north Texas and the DFW Metroplex. Recent installment of a CNC cutting machine has improved profits and efficiency. AR tracks at $50,000 and is included in the sale.

For more than 15 years, this business has been building cabinets for Commercial Businesses providing quality products and excellent service. Their services include Pre-design Measurements, Design & Build, Delivery & Installation and Follow Up Service & Warranty.

HISTORY:
This family owned and operated business was established in 2003. They have been providing commercial cabinetry to the north Texas area and across the United States since then and have a strong reputation for their service and quality products. With strong family values and a close working relationship with clients, they bring creative, functional design focusing on commercial offices and commercial business development and remodeling/renovations. Owners are content with their current strategy to provide consistent year after year revenues.
ASSETS:
• Furniture, fixtures and equipment included in the sale is valued at $309,659. A complete list of assets included in the sale is available from the listing agent.

• Note: Buyer to assume loan payments for CNC Machine ($2699.48/mo.) and 2015 Ford Transit 350 Van ($675.61/mo.). However, as an alternate option, one lender has offered to include the payoff amounts (CNC: $60,513; Ford Van: $16,986) (as of 11/14/18) in the business financing loan. By rolling these payments into the loan, the monthly cash flow of the business can be increased!

• Inventory is currently at $5,000. Equipment is maintained in excellent condition!

• $50,000 in A/R's will be included as part of the transaction.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
12,000
Employees:
17
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is situated on 2.94 acres of land and has a 12,000 SF manufacturing building. Real Estate value is $525,000 and is included in the sale
Competition:
The booming housing industry in the North Texas market along with the healthy economy in this area will continue to drive the remodeling market upwards along with this business’s revenues and profits.
Growth & Expansion:
• Expand working hours & Staff. There is a backlog of orders. Owners are not motivated to increase revenues, which allows a new owner to take advantage of the exploding business market in the North Dallas area and grow the business. The facility is at 60% of capacity. • Expand marketing and advertising efforts. Current sales are word of mouth and reputation. Opportunity to market the business to builders and the public. • Add a website and other media for advertising and visibility. • Upgrading of Edge Bander would reduce labor costs and increase profit margins. Word of Mouth and reputation drives the current business. There is little or no active marketing, Web Site or advertising efforts.
Support & Training:
As Needed
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

Contact Seller Loading

Ken Pokorny

Business Listed By:
Ken pokorny

Murphy Business & Financial Corp

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1270143 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Kid to Kid

Franchise Opportunity
Capital Required: $233,980