Custom Millwork & Cabinetry Mfr, 8 Yrs, Established Client Base
Business Description
Established custom furniture and millwork manufacturer, operating in South Florida since 2018. The company builds made-to-order cabinetry, kitchens, closets and wardrobes, bathroom furniture and architectural millwork for interior designers, builders and private clients.
The business operates from a leased industrial warehouse in Miami-Dade County. The production line is fully equipped and professionally installed: panel saw, edgebander, dust collection, compressed air and supporting equipment. A detailed equipment list is available. All equipment is owned outright, free and clear of debt or financing. No special licenses are required to operate.
Work is done to order. Materials are purchased for each specific project, so the company carries no inventory of stock materials or finished goods. Working capital needed at acquisition is estimated at $10,000 to $15,000. The average project runs about $20,000. The shop handles 4 to 9 projects a month, 5 to 8 running at once, and takes 3 to 4 days per project. About 70% of quotes convert into signed contracts, and the company typically carries a two-month order backlog. There is no seasonality in revenue.
Orders arrive through an established digital presence: a website plus search and social advertising costing about $500 a month. There is no in-house sales department and no dependence on any single large customer. About 30% of the work comes from repeat clients. Production is carried out by a crew of subcontractors who have worked with the company for many years. The owners handle estimating, client relationships, procurement and shop management, about 30 hours a week.
The business currently operates through two affiliated companies under common family ownership. A buyer can structure the deal as either an asset purchase or a purchase of shares. The facility lease can be assigned, including to a foreign buyer, with no assignment fee. The owners will stay on for a transition and training period and will sign a non-compete agreement.
The business operates from a leased industrial warehouse in Miami-Dade County. The production line is fully equipped and professionally installed: panel saw, edgebander, dust collection, compressed air and supporting equipment. A detailed equipment list is available. All equipment is owned outright, free and clear of debt or financing. No special licenses are required to operate.
Work is done to order. Materials are purchased for each specific project, so the company carries no inventory of stock materials or finished goods. Working capital needed at acquisition is estimated at $10,000 to $15,000. The average project runs about $20,000. The shop handles 4 to 9 projects a month, 5 to 8 running at once, and takes 3 to 4 days per project. About 70% of quotes convert into signed contracts, and the company typically carries a two-month order backlog. There is no seasonality in revenue.
Orders arrive through an established digital presence: a website plus search and social advertising costing about $500 a month. There is no in-house sales department and no dependence on any single large customer. About 30% of the work comes from repeat clients. Production is carried out by a crew of subcontractors who have worked with the company for many years. The owners handle estimating, client relationships, procurement and shop management, about 30 hours a week.
The business currently operates through two affiliated companies under common family ownership. A buyer can structure the deal as either an asset purchase or a purchase of shares. The facility lease can be assigned, including to a foreign buyer, with no assignment fee. The owners will stay on for a transition and training period and will sign a non-compete agreement.
About the Business
- Years in Operation
- 8
- Employees
- 3 Part-time
- Market Outlook / Competition
- The custom woodworking and cabinetry market in South Florida is highly fragmented. It consists of a large number of small independent shops, most of them poorly equipped, alongside imported and standard cabinetry sold through retail channels.
The company competes on custom fabrication capability, production capacity and turnaround, not on price. The installed equipment allows it to take on orders that smaller shops are forced to subcontract out, and its advertising brings customers directly, bypassing the designer and retail markups most competitors depend on.
No special licenses or certifications are required for this work, so the regulatory barrier to entry is low. The capital barrier is significant. A comparable production line costs upwards of $250,000 new; European equipment takes three to six months to deliver; dust collection design and installation; and months of ramp-up before the first order ships. Here, the buyer acquires a shop already built out, staffed, and producing. - Opportunities for Growth
- The equipment is sized for significantly higher volume than the shop currently produces. Expanding the crew or adding a second shift would increase output without capital investment.
All work currently arrives inbound, from advertising, repeat clients and referrals. The company has never had an estimator or sales manager, so that channel is untapped. Advertising spend of about $500 a month against roughly $900,000 in annual revenue means the one proven channel is also the underfunded one.
Contractual relationships with general contractors and developers would convert one-off projects into recurring, higher-volume production.
The company runs on spreadsheets and QuickBooks, with no CRM and no order-tracking system. Basic project management and structured follow-up on quotes would improve the 70% conversion rate and shorten turnaround times.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $3,714 per month
- Lease Expiration
- 11/30/2028
About the Sale
- Seller Motivation
- Other business
- Transition Support
- 2 weeks
Listing Info
- ID
- 2550484
- Listing Views
- 5
Listing ID: 2550484 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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