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Business For Sale
COUNTERTOP MANUFACTURER
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Asking Price: |
$495,000
USD USA Dollars
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Business for Sale Industry: |
Manufacturing: Home & Office Products
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Reason for Selling:
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Relocation out of state |
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Year Established:
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1994 |
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# of Employees:
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11 |
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Yearly Revenues:
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$927,423 |
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Yearly Cash Flow:
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$128,522 |
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Yearly EBITDA:
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$75,416 |
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Yearly Net Profit:
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$75,416 |
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Yearly Gross Income:
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$437,640 |
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Monthly Payroll:
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$30,000 |
Business for Sale Overview:
Their modern facilities produce countertops made of laminated wood, and several other solid surface products. Sales are principally through “big box” stores and are originating in the 2 largest such chains. One of their largest customers uses them exclusively, generating lots of sales opportunities and ample upgrading possibilities. They are a licensed general contractor and engage in remodeling of homes, principally kitchens. They also now offer cabinet re-facing to upgrade the look of any kitchen without a major expenditure, and are beginning to market this product directly to end users. The facility has ample room for expansion and is located directly next to a major retail center and movie theater complex. Sales have been increasing rapidly during 2008.
Property Features and Assets:
Modern building with 11,000 square feet of usable space and an extra lot for future expansion. The building has excellent freeway access and great visibility.
Market Competition and Expansion:
Very few competitors and a growing market. The business does not advertising and has a very small sales force.
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.
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