Custom Cabinet, Closet & Personalized Storage Solutions Design & Manuf

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Custom Cabinet Design and Manufacturing
Asking Price:
$359,000

Gross Revenue:
$1,244,292
Cash Flow:
$150,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$20,000
included in asking price

FF&E:
$100,000
included in asking price

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Business Description

FIRST TIME IN 44 YEARS, a fabulous opportunity to acquire this well-established custom woodworking business!! Established in 1974 as a full service cabinet manufacturing business. Offering design, space planning services, and building high quality cabinets from traditional, paint grade, to raised panel, stain grade, to high tech modern with European laminates and veneers. The company has a fully licensed spray finishing booth for applying stains, sealers, top coats, and finishes. As a full service closet organizing company, the business also builds garage, home office, bathroom, and pantry cabinets. The seller has built a solid business based on quality, professionalism, on-time delivery and always paying attention to the smallest detail. This business could qualify for a SBA loan. A+ BBB Rating; 4.5 STARS on YELP!!

About the Business

Year Established:
1974
Number of Employees:
13
Real Estate:
Leased
Building Sq. Ft.:
6,900
Lease Amount/Mo.:
$5,700.00
Facilities:
Located in a choice industrial neighborhood in San Diego, the building is a free standing facility of 6,900 sq. ft. commercial/industrial building. This includes 1,400 sq. ft. of office/reception/design/showroom space. The seller owns the building and desires to lease it to the new business owner at a rate of $5,700 per month with a 2% increase each year.

This business has achieved an A+ BBB Rating and 4.5 STARS on YELP!! Over the years the seller has built a solid business based on quality, professionalism, on-time delivery and always paying attention to the smallest detail. The company has never grown to more than
about 15 employees by design, the seller wanting to remain more of a boutique operation. The company has developed a very good customer base with high marks on Yelp and Google. Many customers have often referred clients to the company and have been repeat clients themselves over and over again. To date, the company has booked and installed over 10,000 custom cabinet and closet installations. And it has amassed a large data base of clients, builders, and architechs that can be used for marketing purposes.
Market Outlook/
Competition:
The company is competitive in the cabinet and closet industry and can be even more competitive with investments in automation, technology, and computer based equipment.
Growth & Expansion:
San Diego County is a growing community and the company has grown with it for over four decades. The business has been successfully driven through word of mouth and has a strong potential to increase both revenues and earnings with focused management and additional methods of client development. Automation of the machinery would potentially cut costs and increase profits.
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About the Sale

Reason For Selling:
retiring
Training/Support:
4 weeks
Seller Financing:
79000.00

Listing Info

ID:
1483142
Ad Detail Views:
648

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Business Listed by

Joseph Durkin

Transworld Business Advisors
License# 02051813

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Memberships:
   

Sponsoring Broker:

Marshall Pollock
Transworld Business Advisors
License# BRE # 01100886

U.S. Census Data for San Diego County, CA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for San Diego County, CA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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