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Business For Sale
CUSTOM CABINET & COUNTERTOP MANUFACTURING SHOP
Attn:
Wendell L Friesen
Saskatoon, Saskatchewan, CA
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Listing Number: "L1008"
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Listing
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Asking Price: |
$865,000
CAD Canada Dollars
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Business for Sale Industry: |
Services: Construction, Contractors
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Reason for Selling:
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Owner wants a change |
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Year Established:
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1991 |
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# of Employees:
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10 |
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Yearly Revenues:
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$1,500,000 |
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Yearly Cash Flow:
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$411,000 |
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Yearly EBITDA:
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$370,000 |
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Yearly Net Profit:
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$330,000 |
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Yearly Gross Income:
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$1,700,000 |
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Monthly Payroll:
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$25,000 |
Business for Sale Overview:
Busy, custom cabinet shop for sale after nearly 20 years in business. Specializing in building and installing quality, custom kitchen cabinets, bathroom vanities, and custom countertops. Custom orders book full of new orders for the next 6 months. Referrals drive in much of the business. Showing strong profits and considerable growth in revenue. Shop has a very good reputation with both builders and homeowners alike. Excellent, well maintained equipment located in a spacious and modern shop with reasonable overhead costs. Dependable and long term staff handle most of the day-to-day details of the business. Price includes all equipment, inventory, trucks and large number of booked orders plus considerable goodwill built up from successful operation over the years. Newer 6,000 square feet metal fabricated building and fenced yard is available to purchase for an additional $525,000. Building could be expanded on the land it presently occupies.
Property Features and Assets:
Building located on a large lot where there is room for physical expansion. 6,000 square feet plus with installed extras. All shop equipment is in good working condition, including several nearly new machines. Order book is full for the balance of 2008.
Market Competition and Expansion:
Normal level of competition, business could be expanded with physical expansion of shop, a few pieces of equipment and hiring additional staff.
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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