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Well Known Custom Cabinet and Design Company

Salt Lake County, UT

Seller Financing Available
Well Known Custom Cabinet and Design Company
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Asking Price: $1,590,000

Cash Flow: $522,502

Gross Revenue: $1,733,674

EBITDA: N/A

FF&E: $450,000

Inventory: $30,000

Established: 1997

Well Known Custom Cabinet and Design Company

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Business Description

Multiple Locations/ SBA Pre-Approved, R/E Available for Purchase

One of Utah’s most recognized names in the custom design, manufacture and installation of cabinets, entertainment centers, kitchens, bath and many commercial applications. The company spends almost nothing on advertising because of predictable flow of returning customers and steady stream from designers, contractors, architects and Realtors. The company has been in business for over twenty years and has developed an infrastructure that can accommodate changing market conditions. The company has an impeccable reputation in the community and viewed as a reliable partner for their diverse customer base. The business has a variety of long-term suppliers that provide discounted pricing and priority delivery times. The employees are motivated, well compensated, and expertly trained. This is a turnkey operation for the new owner. The current owner will stay on to help transition or educate the buyer and there is a pre-approved loan in place for a qualified person.

Detailed Information

Location:
Salt Lake County, UT
Inventory:
Included in asking price
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company operates on a spacious property that includes a 10,000 sq. ft facility containing a first-class production warehouse, office space and a beautiful showroom. The is also a large amount of storage space on the property. There is ample parking and ease of access for any size truck to load and unload. Additionally, the company has recently opened a second design center in a convenient location for many of their customers to use as a collaborative meeting space. This newly opened and one-of- kind showroom and collaboration center has introduced the company to whole new set of customers. The company has also close to a half a million invested in state-of-the art equipment capable of producing any size order or customization needs order for their clients. The main facility is available for purchase or a long-term lease can be put in place with favorable terms for the buyer of this business. • Extremely Well Organized with Policies and Procedures in Place Allowing for Flexibility of Workflow and the Ability to Produce Highly Customized Products • Company’s Products are of the Highest Quality While Still Being Competitively Priced • Diversified Supply Sources with Long Term Relationships That Provide Both Discounted Pricing and Priority Delivery Times • A Diverse Range of Clients Reduces the Risk and Financial Impact of Any One Customer Discontinuing Services • Highly Trained and Skilled Workforce in Place Resulting in Efficient Production and Quality Workmanship • Ability to Hedge Against Volatility in Supply Prices and Market Volatility • Progressive Billing Mitigates Cash Flow Problems • Option to Purchase the Real Estate • Large Recent Investment in Both Equipment and Two New Showrooms
Growth & Expansion:
The current owner has identified several areas for immediate growth beyond the recently opened, second showroom and collaboration center. The owner is willing to share this growth plan with the new owner. Further, two separate industry expert reports project continued growth both for the cabinetry industry and in for the Utah economy overall.
Reason for Selling:
retiring
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(from currently available funds)
 
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Saul Komisar

Business Listed By:
Saul Komisar

Transworld Business Advisors of Utah

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