Absentee, SBA-Ready Business with Real Estate,
Business Description
Profitable, turnkey operation with loyal customers
This business is a highly reputable, long-established cabinet-finishing company serving the Greater Bay Area for more than 30 years. It operates from a purpose-built facility that must be purchased with the business and is supported by a skilled, long-tenured staff who handle day-to-day operations with minimal oversight; the out-of-state owner works approximately 10 hours per week. The company specializes in high-quality painted and stained cabinet finishes for cabinetmakers and contractors, with only a de minimis amount of revenue coming from minor in-home repairs, and no contractor’s license is required to operate the core business. Nearly all revenue is generated from repeat clients and referrals, and meaningful growth opportunities exist through targeted marketing and increased owner involvement. To qualify for an SBA loan to acquire the business and real estate, a buyer must demonstrate a minimum cash injection of $650,000 and sufficient business experience to operate the company successfully. The seller is retiring and will provide transition training to ensure a smooth handover to a qualified buyer.
About the Business
- Years in Operation
- 39
- Facilities & Assets
- The property is a 16,700 sq. ft. industrial/flex building on about one acre, with 30’ ceilings, two roll-up doors, a truck well, and 5,700 sq. ft. of office space. It features concrete tilt-up construction, glass frontage, mezzanine space, and a sprinklered warehouse with HVAC, ventilation, multiple 200-amp panels, and modern lighting. The building is in very good condition. The business and building must be purchased together.
- Market Outlook / Competition
- There are several small cabinet-painting companies in the area, as well as one competitor that appears similar, though its exact size is unknown. This company is widely regarded for higher quality, and competitors rarely compete directly.
- Opportunities for Growth
- After nearly 40 years in business, BWCP’s work comes almost entirely from repeat clients and referrals. The company does very little marketing, yet the crew remains consistently busy. A buyer has a clear growth opportunity by adding targeted advertising and outreach. The business will benefit from the tariffs on imported cabinets.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 16,700
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- The owner is committed to ensuring a smooth, successful transition and is willing to provide post-sale training and support.
- Financing Options
- SBA qualified for buyer with minimum cash injection of 650k and a strong management e
Listing Info
- ID
- 2448094
- Listing Views
Listing ID: 2448094 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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