Established Commercial Cabinet Manufacturer

Richmond, VA
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Sale Pending
Asking Price:$510,000
Gross Revenue:$1,140,000
Rent:$5,564/Month
Established Year:1995
Cash Flow:$255,000
Inventory:$15,000
FF&E:$100,000
BUSINESS DESCRIPTION

Manufacturer of custom commercial cabinets and laminated casework. The company has an excellent reputation and established customer base. A CNC machine contributes to the companies efficient manufacturing. Great opportunity for an individual or another cabinet manufacture to expand.


DETAILED INFORMATION
Location
Richmond, VA
Inventory
Included in asking price
Real Estate
Leased
Building SF
6,677
Lease Expiration
31/12/2024
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
2024 is off to great start with improving sales and profits.
Growth & Expansion
Opportunities to build upon established customer base and expand product offering. CNC machine currently operating at 50% of capacity.
Support & Training
Owner will provide training and stay on as required by new owner.
Reason for Selling
Owner is seeking to retire
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Todd
Furbee
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Todd Furbee