Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$479,000 USD USA Dollars
Business for Sale Industry:	Manufacturing: Home & Office Products
Reason for Selling:	retirement
Year Established:	2004
# of Employees:	6
Yearly Revenues:	$1,187,000
Yearly Cash Flow:	$138,000

Business for Sale Overview:

Since 2004, small niche manufacturer of closet, and garage storage organizers for commercial and residential customers. Company designs, manufactures and install storage organizers, entertainment cabinets, kitchen and bathroom remodeling into homes and commercial businesses. Approximately 93% of customers are in Orange County. Company is located in Orange County with 6 employees. Company occupies 2,956 square feet on a month to month basis. Company needs full-time owners to expand. Asking price is $479,000 with negotiable terms.

Property Features and Assets:

Financing: SBA Qualified - Seller is negotiable on terms. Seller will provide 4 weeks of training. Additional consulting can be considered for additional cost. The fair market value of equipment, two 14-15 box trucks and office equipment is $62,000. The asking price of $479,000. This is an asset sale. The owners would like to retire and will sign a non-compete.

Market Competition and Expansion:

This a great niche established since 2004 in Orange County. The current owners started this business in 2004. It has developed a referral base, plus advertising program to generate new business. The company uses Cabinet ware software program to develop, design, layout and install garage and closet organizers for commercial and residential customers. The company has 6 employees: office/accounting/customer service, superintendent, three shop employees and 2 installers. The new owner would need to have a contracting license, cabinet making and woodworking experience. The building is nicely located in an industrial park in South Orange County with 2,956 square feet, gross lease at $3,500, month-to-month basis. The landlord is willing to sign a long term lease.

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.