Unique and rare opportunity to own successful custom cabinet making

Sussex County, DE

Seller Financing Available
Area's Best and Busiest Contractor
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Asking Price: Get Financing: $295,000

Cash Flow: $131,101

Gross Revenue: $800,088

EBITDA: $131,101

FF&E: $52,594

Inventory: $12,725

Real Estate: N/A

Established: 1982

Unique and rare opportunity to own successful custom cabinet making

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Business Description

Fully operational and successful custom cabinet and furniture manufacturing shop and kitchen and bath remodeling business is now available near the resort areas of Delaware and Maryland. Consistently profitable since its beginnings in 1982 it is a favorite with large local builders and private homeowners looking to add one of a kind decorative piece to their home furnishings. All equipment included within a 10,000 square foot workshop and 2,000 square foot showroom, ample parking, great reputation and location along a busy highway leading to and from resort areas.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
10,000
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
From 1982 in a small one-man garage/shop to the present day 10,000 square foot professional woodworking shop and 2,000 square foot show room, the shop has enjoyed a well-deserved reputation for high quality custom furniture along the Delaware and Maryland shores.
Competition:
This shops emphasis on custom woodworking is unique to the area. Only recently has it begun to incorporate stock and semi-custom cabinetry amongst their offerings.
Growth & Expansion:
Until now the shop has relied on primarily word of mouth and reputation. An energetic and imaginative owner with minimal marketing experience could drive sales with a modicum of effort.
Support & Training:
Owner to stay on as part time role
Reason for Selling:
retiring
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(from currently available funds)
 
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Mike LeCates MBA

Business Listed By:
Mike LeCates

Transworld Business Advisors of Delmarva

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.


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