Unique and rare opportunity to own successful custom cabinet making

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Asking Price:
$295,000

Gross Revenue:
$800,088
Cash Flow:
$131,101
EBITDA:
$131,101
Inventory:
$12,725
included in asking price

FF&E:
$52,594
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Fully operational and successful custom cabinet and furniture manufacturing shop and kitchen and bath remodeling business is now available near the resort areas of Delaware and Maryland. Consistently profitable since its beginnings in 1982 it is a favorite with large local builders and private homeowners looking to add one of a kind decorative piece to their home furnishings. All equipment included within a 10,000 square foot workshop and 2,000 square foot showroom, ample parking, great reputation and location along a busy highway leading to and from resort areas.

About the Business

Year Established:
1982
Number of Employees:
10
Real Estate:
Owned
Building Sq. Ft.:
10,000
Facilities:
From 1982 in a small one-man garage/shop to the present day 10,000 square foot professional woodworking shop and 2,000 square foot show room, the shop has enjoyed a well-deserved reputation for high quality custom furniture along the Delaware and Maryland shores.
Market Outlook/
Competition:
This shops emphasis on custom woodworking is unique to the area. Only recently has it begun to incorporate stock and semi-custom cabinetry amongst their offerings.
Growth & Expansion:
Until now the shop has relied on primarily word of mouth and reputation. An energetic and imaginative owner with minimal marketing experience could drive sales with a modicum of effort.
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About the Sale

Reason For Selling:
retiring
Training/Support:
Owner to stay on as part time role

Listing Info

ID:
1416855
Ad Detail Views:
942

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Business Listed by

Mike LeCates MBA

Transworld Business Advisors of Delmarva

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

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

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