Custom Cabinets & Countertops in Paradise
Business Description
Our custom kitchen cabinet manufacture is a leader in the Caribbean. Established in 1961.
The company has the potential to be a $3 million per year or more business, leveraging its long-standing presence and trusted name in the Caribbean since 1961. The company holds a unique monopoly on the manufacturing branch of cabinets, particularly specializing in PVC, which sets it apart from competitors. Situated in a prime location, the business has access to a fully equipped manufacturing warehouse, providing a significant advantage in production capabilities.
The potential for growth is substantial. the company is well-positioned to expand into other industry markets, increase its workforce, and begin exporting goods throughout the Caribbean. Additionally, the company can capitalize on the many major upcoming projects on its own island, such as the public school rebuilds, which are the first schools to be constructed in decades. By aligning with these large-scale projects, the company can further cement its reputation and ensure a steady stream of high-value contracts. With strategic planning and continued dedication to quality and innovation, the company is poised to reach and surpass its $3 million annual revenue goal, driving growth and success in the years to come.
The company has the potential to be a $3 million per year or more business, leveraging its long-standing presence and trusted name in the Caribbean since 1961. The company holds a unique monopoly on the manufacturing branch of cabinets, particularly specializing in PVC, which sets it apart from competitors. Situated in a prime location, the business has access to a fully equipped manufacturing warehouse, providing a significant advantage in production capabilities.
The potential for growth is substantial. the company is well-positioned to expand into other industry markets, increase its workforce, and begin exporting goods throughout the Caribbean. Additionally, the company can capitalize on the many major upcoming projects on its own island, such as the public school rebuilds, which are the first schools to be constructed in decades. By aligning with these large-scale projects, the company can further cement its reputation and ensure a steady stream of high-value contracts. With strategic planning and continued dedication to quality and innovation, the company is poised to reach and surpass its $3 million annual revenue goal, driving growth and success in the years to come.
About the Business
- Years in Operation
- 64
- Number of Employees
- 12
- Facilities & Assets
- Real estate is owned by the sellers of the business.. The sale of the real estate is a possibility. but is NOT INCLUDED IN THE $990,000 ASKING PRICE.
Among the assets are the inventory and equipment/tools for the manufacturing of custom cabinets, - Market Outlook / Competition
- In 2021 the owner/general manager was diagnosis with cancer and died in 2022. The owner's wife and son took over the management of the company. Now in 2024 sales are running about $1,000,000 annually and estimated at breakeven. The demand is strong, and the future is bright.
Sales listed above were from the last year the owner was healthy - 2020. Sales over $2,500,000.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 13,500
- Rent
- $4,500.00 per month
- Lease Expiration
- 12/31/2035
About the Sale
- Seller Motivation
- Owner died in June 2022 and the wife and son do not want to manage the business.
- Transition Support
- Both the surviving wife and son will stay for orientation, training and transition.
- Financing Options
- Yes - the sellers will consider some seller's financing
Listing Info
- ID
- 2256711
- Listing Views
- 1690
Listing ID: 2256711 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.