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Asking Price:	$500,000 USD USA Dollars
Business for Sale Industry:	Services: Construction, Contractors
Reason for Selling:	Other Business Interests
Year Established:	1976
# of Employees:	16
Yearly Revenues:	$1441641
Yearly EBITDA:	$111,333

Business for Sale Overview:

This custom cabinetry business in Santa Fe, New Mexico, dominates the high-end cabinetry market. The business is the largest of its kind in the area and focuses on specialized cabinetry work for homes valued at $1.5 million and more. Since it was formed in January of 1976, its name has become synonymous with quality craftsmanship. It has the most skilled carpenters in the region, some of who have been with the company for years. Employees have great relationships with the leading contractors and designers in the area, who seek out the company’s work. It also does projects for individual homeowners. Some of the company’s projects have been featured in Architectural Digest and a local magazine, the Santa Fe Trend. The owner believes his successor could double sales by moving the business to a larger facility and expanding its finishing capacity. The owner does no advertising and is limited in the number of projects he can take on because of lack of workspace. The owner is willing to stay on for about 60 days after the business’ sale to smooth the transition.

Property Features and Assets:

The business currently leases 2 buildings with a total of 8,000 square feet on a city street. The rent is $4,600 a month.

Market Competition and Expansion:

The business is the leading high end cabinet shop in the market.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.