Quick Sale - Custom Cabinet Manufacturer in DC Metro Area

Montgomery County, MD

Seller Financing Available

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Asking Price:$399,000
Rent:$7,000
Established Year:2020
Gross Revenue:$500,000
FF&E:$900,000
BUSINESS DESCRIPTION

This state-of-the-art cabinet manufacturing shop was created and continuously improved oved the last 12 years by a general contracting company specializing in residential home improvements. Four years ago, the cabinet operation was separated into it own company (a Maryland LLC). Owner is looking to divest the cabinet manufacturing business but hopes to become a buyer of its products under new ownership.

Since owner's focus has been on the general contracting business, there is tons of head room for the right buyer with resources to grow the company. Over $1.4 million was spent to set up the operation -- $900,000 in purchased equipment and $500,000 in leasehold improvements to the 9,200 sf facility.

Seller will provide training and transition services to ensure a smooth turnover. Some seller financing available for the right buyer.


DETAILED INFORMATION
Location
Montgomery County, MD
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
9,200
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
2 weeks
Reason for Selling
Focus on complementary business
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Mike
Hadad
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Mike Hadad