Profitable and well Established Custom Cabinetry Manufacturer

Miami, FL (Miami-Dade County)

Seller Financing Available
Profitable and well Established Custom Cabinetry Manufacturer
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Asking Price: $1,900,000

Cash Flow: N/A

Gross Revenue: $1,038,341

EBITDA: $611,399

FF&E: $700,000

Inventory: $50,000

Rent: $2,968 /Month

Established: 2004

Profitable and well Established Custom Cabinetry Manufacturer

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Business Description

Successful High-end Custom Cabinetry Manufacturer

One of the premier kitchen, closets, bathrooms, trim work, crown molding windows design, manufacturing and installation companies is for sale in the affluent area of Miami.
Easy to grow, This business is turnkey and is including all manufacturing and installation equipment, and vehicles. They have Highly-trained and professional employees which the owner oversees. The owner coordinates the operation and there is a manager in place. This company handles it all. From sales and design to manufacture and installation. Sales have been steadily increasing and 2019 promises to be another good year with pre-construction homes with full contracts. Because of an excellent brand name and reputation, this business opportunity still has a lot of growth opportunity. The business has built a strong reputation with their ability to provide consumers with custom products for their homes. They provide excellent quality to high end customers.
No particular license or certification is necessary to own this business.
This Business also qualifies for E2 Visas buyers.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,675
Lease Expiration:
12/31/2022
Employees:
3+3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
There is a design/drafting office with a reception and the warehouse for manufacturing and where the raw material is stored, the cabinets are made. Finished products are stored until the delivery. There is no showroom.
Competition:
They don’t do any advertising, all is word of mouth and they have an established customer base with recurring orders. They are getting work from contemporary builders, interior and home designers, architects and contractors.
Growth & Expansion:
With a solid base and reputation, this business is easy to grow by adding social marketing, a good website, and showrooms with good sales reps and more partnerships.
Financing:
up to 20% to qualified buyer
Support & Training:
Seller will train the new owner and can remain on board for 2 years to help with the sales and estimates.The qualified buyer will have the experience and skills to manage this custom cabinet manufacturing company. The current team have sales, financial, design, drafting, manufacturing and installation experience and skills. The quality buyer will have the ability to complement these employees : -Two employees at the warehouse (since 14 years and 2 years in the company): they both assemble and produce - One employee at the office (6 years in the company): administration, estimates, phone, quickbooks. - 3 installers are subcontractors on call.
Reason for Selling:
Other interests
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(from currently available funds)
 
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Raquel Afriat

Business Listed By:
Raquel Afriat

VR Business Brokers

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