Cabinet Making

Not Disclosed, FL

Not Disclosed.


Asking Price: Annual Revenue:
$799,000 $1,235,000

Services: Construction, Contractors


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RE: Cabinet Making Broker: Dan Gore

Quick Facts

Asking Price: $799,000
Annual Revenue: $1,235,000
Net Profit: Not Disclosed
Cash Flow: $359,163
Total Debt: Not Disclosed
FF&E: $99,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 7
BBN Listing #: 90044955
Broker Reference #: 1033-14799

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Business Overview:

23 year old Commercial Cabinet Maker/contractor company for sale. 90% commercial & 10% high-end residential. Tampa & Orlando market. High margins & some large contracts. Next owner can build on the company's strong reputation with both large & small General Contractors by intentionally marketing to more GC's. Seller willing to stay involved as paid consult for period of time. Strong staff & manager of many years love & need their jobs. Pipe-line of contracts in '19 going well. Reputation level causes clients to seek them out --- so no advertising so far. Word of mouth.

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Property Features and Assets:

Located in a work building/warehouse with front office. Total Assets Included: $99,000

Market Competition and Expansion:

They pick up a lot of large contracts in Orlando & Tampa area, such as hospitals, schools, business buildings, etc. They also pick up larger contracts that much larger competitors mess up and finish them on time and on budget. Their 6 full time employees out-perform much larger competitors with expensive machines which are known to break down at key times during jobs. They seem to hold their own with competitors who do large national jobs and have over 100 employees, believe it or not. They have often been known to fix others mistakes and take over other's jobs in the middle, because the job was not getting done on time or under budget and save the project for the General Contractor. Their better reputation to do what they say they are going to do and on time when they say they will do it, is key. To grow this company to the next level, perhaps expand the building size and employees. Hire a salesman who knows how to do this and let them work the two big cities of Tampa & Orlando. Start advertising and get a web site. Also, developing a strong internet presence to showcase the company's first-class cabinets and kitchen designs should bring in even more sales to existing homeowners.

Reason for Selling:

Retirement.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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