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Established Custom Shutter Business

Englewood, CO
Asking Price:$563,000
Gross Revenue:$800,000
Rent:$8,550/Month
Established Year:1989
Cash Flow:$198,248
Inventory:$25,000
FF&E:$95,000
Listing ID: 2127765Listing provided by BizBuySell
BUSINESS DESCRIPTION

Unique Opportunity in Great Market

Excellent opportunity to enter the custom shutter business. Perfect fit for a person with a passion for woodwork and contracting. A natural expansion for a cabinet maker or builder/remodeler. Established accounts with growth potential. 34 year history of quality and high end customers. Quality manufacturing machinery. Convenient location in South Central Metro Denver. Affluent Clientele. Customer types include homeowners, builders, remodelers, contractors, window covering companies, interior designers, architects and repeat customers. Existing employees manufacture with minimal supervision. This is the only company who manufactures interior and exterior shutter products in the State of Colorado. Flexibility to add other products and services to the mix.

DETAILED INFORMATION
Location
Englewood, CO
Inventory
Included in asking price
Real Estate
Leased
Building SF
9,000
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Manufacturing equipment: Louver Groover, G and L shutter manufacturing machine, Stile drill multi head CNC with rail boring capability, rail boring machine, hoffman joint machine, miter saw with tiger stop, various assembly tables and clamps, three delivery trucks, one suburban for service calls, speed saw panel saw, air compressor and fittings throughout the shop, spray paint equipment, line sander, joiner, various table saws, Two bay dock door, paint booth with heated make up air. Various installation tools, tint wheel.
Competition
Any item with louvers can be made with existing or minor modification of current equipment. Repeat residential customers are the norm. Recently began manufacturing exterior shutters. Customers prefer local manufacturing and short delivery times. 50% deposit with orders assures good cash flow. All competition sells commodity type products manufactured either domestically or in Asia with limited options. Highest price offerings with great margins.
Growth & Expansion
Expand into E Commerce, Restaurant and Multiunit. Servicing some of the most affluent and fastest growing counties in the West. Expand into full line window coverings and drapes. Opportunities exist to supply franchise groups. Come live in the most beautiful and cosmopolitan state in the West. Live the Colorado Dream.
Support & Training
Complete records of all customers. Paint and stain formulas for all customers. Proven manufacturing and assembly methods. Instruction on machines and methods. Measurement and template instruction. Vast array of color samples with formulas. Proven paint and stain application methods. Instruction on installation and repair methods. Extensive photos and samples.
Reason for Selling
Retirement
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Business Listed By:
Not Disclosed
Listed By: Not Disclosed