Custom cabinetry manufacturer - middle tennessee area

| Asking Price: | $1,350,000 | Inventory: | $10,000 ++ |
| Gross Revenue: | $943,624 | Real Estate: | $375,000 ++ |
| Cash Flow: | $225,596 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
The Company s primary business is custom cabinetry built to the customer s individual specifications and style. In recent year s the Company has added the Bertch product line of high end, just in time, manufactured cabinet sales and installation. This well-established business has been in the current location since 1958. Over the years, the owner s quality craftsmanship has become so well known that referrals have come from throughout the South East. In fact, his reputation is so well known, very little is spent on advertising as most work is received from past customers or referrals. Primary customers have been from the middle Tennessee area. Company History The owner s grandfather, a master craftsman and skilled furniture maker, established the business in the 1940 s. He was not only a skilled craftsman, but knew how to teach others. He passed his skills and love for custom woodworking down to his son, who passed them on to his son who has himself been in the business over 40 years. Today team possesses a combined total of 150 years of knowledge and experience. The major customer base consists of quality homebuilders and discriminating homeowners of long standing. A professional Business Valuation Report is a available as a contingency to all negotiable offers for which the offer or letter of intent are accompanied by evidence of buyer s capacity to secure adequate financing.
About the Business
Year Established:1945
Employees:5 full time -
Facilities:The property consisting of two adjoining buildings of approximately 6,400 square feet are located on 1.57 acres within the Middle Tennessee area. The property is currently zoned R6, but has been granted industrial/light manufacturing use, and can continue to be used as a cabinet shop without further zoning restrictions if sold. (Zoning letter is available) This offering is for the entire business including client base, land, building, all existing equipment, furniture and fixtures, and delivery vehicles.
Market Outlook and Competition:Company is located centrally to its customer base. Competition analysis reflects normal competitive conditions in a stable market.
Growth and Expansion: Facilities have capacity for growth and a business expansion opportunity assessment reflects that immediate significant expansion is possible with limited to no investment.
About the Sale
Management Training and Support:Owner is willing to remain with the Company after the sale, for a negotiated period, to assist with the transition of ownership.
Reason For Selling:Approaching retirement age, the owners have decided to sell the business.
Seller Financing:Willing to negotiate some owner financing to a qualified buyer.
KEYWORDS: home, remodel, cabinets, cabinet, manufacture, custom, residential
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