Established, Profitable Cabinet Manufacturer

Canyon County, ID

Asking Price:	$1,300,000
Gross Revenue:	$2,118,016
Rent:	$50,200/Year
Established Year:	2008

Cash Flow:	$331,000
Inventory:	$40,000
FF&E:	$340,700

Listing ID: 2275035Listing provided by BizBuySell

BUSINESS DESCRIPTION

This successful manufacturer has grown and prospered over the past sixteen years through word-of-mouth reputation and delivering superior products, warranties and services. It produces highly customized cabinets and architectural millwork for the residential, commercial, and remodel markets. The business has earned a sterling reputation in its market region.
Quality management has created a unique culture of excellence. It employs a tenured, dedicated workforce. Employees are on a bonus system that rewards quality control at each step of the manufacturing process, and perfect adherence to schedule. Innovation and system refinement are diligently pursued.
Design, customization, and installation abilities open the door to more favorable product pricing.

DETAILED INFORMATION

Location

Canyon County, ID

Inventory

Included in asking price

Real Estate

Leased

Building SF

12,000

Lease Expiration

15/10/2032

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

The business operates out of a 12,000 sq. ft. facility. The 2,000 sq. ft. showroom and offices were remodeled three years ago. The equipment is all in excellent working order and the major pieces were purchased new, with lifetime warranties. There are no plans for capital expenditures, in the foreseeable future. The real estate has ample parking for customers and employees.

Competition

The company derives business from dozens of designers, residential and commercial contractors. Many contract the company exclusively, because of its consistently high-quality products and services. The company's region has been experiencing enormous growth for years. New home owners and businesses are arriving daily, fueling the demand for the company's quality products. The boom in commercial construction is contributing to a growinshare of company revues & profits. The number of midsized to large competitors has remained fairly consistent.

Growth & Expansion

The company has never advertised, instead depending upon word-of-mouth from satisfied customers. A minimal marketing effort would produce dramatic results. Current capacity would allow for over 50% growth with existing space and assets.

Support & Training

The Seller wishes the new owner to be successful. Thirty days of training will be provided on a twenty-hour per week basis. After initial training, the Seller will be available on a negotiated basis.

Reason for Selling

The Seller is interested in spending more time with family and hobbies.

Report an Issue with this listing

Bruce Sternke