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Asking Price:	$350,000 USD USA Dollars
Business for Sale Industry:	Manufacturing: Home & Office Products
Reason for Selling:	personal
Year Established:	1997
# of Employees:	20
Yearly Gross Income:	$1,874,000

Business for Sale Overview:

Custom Cabinets and interior Mill work. This 11 year old business was purchased by the present owners in 2003. They have successfully doubled the revenue. The franchise area for this name brand business is New Haven, Middlesex and Fairfield counties in Connecticut and Westchester, Bronx and Putnam in NY. There are 12 designers, mostly part time, who have been trained in the process and are paid commission to sell their clients these high end, custom cabinets and closets. Transfer fee for the franchise is $9,000 verses $65,000 for a new territory. Similar to the "California Closets" model.

Property Features and Assets:

Present lease is $4,000 per month triple net. Landlord will structure a new long term lease for new owners. All equipment, saws, tools and miscellaneous is included. Equipment replacement value exceeds $100,000.

Market Competition and Expansion:

Competition: There is competition in this marketplace but this business is differentiated by the quality of the workmanship and the support of the employees through the design stage. Growth and Expansion: Market and Market some more. Drive the sales team.

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 a distressed business or bankruptcy situation.