Established Specialty Cabinet Mfg. Serving Louisville,Lexington, IN

Sycamore, KY (Jefferson County)

Louisville
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Asking Price: $514,000

Cash Flow: $263,300

Gross Revenue: $1,299,000

EBITDA: $177,300

FF&E: $448,165

Inventory: $20,000

Rent: $4,600 /Month

Established: 2007

Established Specialty Cabinet Mfg. Serving Louisville,Lexington, IN

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Business Description

Profitable Specialty Cabinet Manufacturing for Home Improvement

We’re seasoned professionals who take pride in, and stand behind, our work. Our process is extremely thorough and we treat customers with respect and appreciation. We invest the time and energy needed to help create thoughtful, appropriate and attractive custom solutions that will significantly improve the livability of your home.

Our approach is based on thoughtfulness, not speed. We believe that taking time to pay attention to every detail produces the best outcome. Our designers won’t even think about designing a solution until they’ve completed an inventory of what you have and discuss your goals. It is this information that will drive our design solution.

Most of what we install is produced in our Middletown, Kentucky woodworking facility. Our projects are built to the floor like furniture and anchored into walls for your family’s safety. For us, the term “Kentucky crafted” means high quality, reliable, appealing and efficacious products—what we create and install every day in homes across Kentucky and Southern Indiana.
We’ve received numerous awards and honors:

A-rated on Angie’s List.
Winner of multiple Homearama awards.
Twice selected to participate in the prestigious Bellarmine University Designer’s Show House.
Invited to participate in ABC’s Extreme Home Makeover (Louisville 2010).
Installations have been featured in Kentucky Homes and Gardens, Sophisticated Living, the Louisville Courier-Journal and The Voice-Tribune.

The business has high name recognition and brand awareness in the Central Kentucky area through an active and continuing marketing and advertising campaign, generating leads for a seasoned staff of design professionals.

Attached Documents


Detailed Information

Location:
Sycamore, KY
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,800
Lease Expiration:
N/A
Employees:
18
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company leases 6800 square feet of combined manufacturing and showroom in 2 locations. The lease is transferable to a new owner and all inventory, production/manufacturing equipment, furnishings, office equipment, etc., is included in the sale.
Competition:
There are 4 national companies, including this one, providing similar competing products. All of which (including the current business for sale) are present in this market. There are several local regional competitors who do not have the marketing resources or name recognition generated by this business. Many of the competitors will subcontract the manufacturing and installation to others, losing control over quality and delivery. Local manufacturing allows for higher level of quality control, timely delivery, and benefits to the local community.
Growth & Expansion:
The exclusive territory encompasses 29 counties in the Louisville and Lexington marketplace in addition to 6 counties in the Southern Indiana. The area is one of the largest exclusive areas for the corporation.
Support & Training:
The owner has expressed a willingness to stay for a period of time in transition to the new owners. Additional training is available too assist in the transition.
Reason for Selling:
Owner is retiring.
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Business Listed By:
Greg Ball

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