Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$1,600,000 USD USA Dollars
Business for Sale Industry:	Manufacturing: Wood, Stone, Concrete
Reason for Selling:	Planned Retirement
Year Established:	1985
# of Employees:	15
Yearly Revenues:	$1,593,225
Yearly Cash Flow:	$259,447
Yearly Net Profit:	$59,545

Business for Sale Overview:

This is a Great Opportunity to own a fabulous manufacturing company with a long history. In business for over 20 years, this long tenured company builds custom designed cabinetry primarily for high end custom homes. This company's long standing reputation is impeccable and it shows when you visit the plant location. It is a Must See! The plant is an organized well oiled machine: Equipment is state of the art and maintained in mint condition, and well laid out throughout a large multi-building complex. The product development is computer automated from the design stages through the manufacturing process. Work locations are spotless. This company is the "go to" vendor for 15 contract builders in the area. The quality of the work is beautiful and the meticulous craftsmanship is obvious. In addition to the plant they have a very attractive show room located separate from the plant. Books and records are cleanly documented. Don't miss this one if you are interested in a manufacturing opportunity!

Property Features and Assets:

The plant is located on a 2.5 Acre land tract and is comprised of 4 buildings constructed by the owner and designed specifically to flow the business. All buildings are networked. In addition there is brick ranch style home fronting the property (approximately 2,000 square feet) with attached garage that is included in the sale. Furniture, Fixtures, & Equipment plus Vehicles: Approximately $693,282. Inventory: Approximately $100,000. Real Estate included in the sale: Worth approximately $600,000.

Market Competition and Expansion:

The Company opened its doors in 1985 and has a documented history of stable financials. This family operated business has done all the right things to build the business based on a strong reputation. Solid historical relationships have been built over the years with prominent builders and also their material suppliers.The economy has not impacted this company. The target market is custom home building averaging in the $500,000 range and on up to $1M plus homes. They do not target low margin commercial and tract housing markets. They do little to no advertising. Often assignment to the cabinet design for home projects by the builders is "automatic". Competition in this field as with any like industry exists but has not proved detrimental to this company.

Additional Details:

• The property is owned.
• 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.