Seller's Contact Information
- RE: Established Cabinet Manufacturer
- Contact: Jason Blair
Quick Facts
Asking Price: | $1,900,000 | |
Annual Revenue: | $3,432,875 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $478,971 | |
Total Debt: | Not Disclosed | |
FF&E: | 918,546 | |
Real Estate: | Not Disclosed | |
Year Established: | 1976 | |
Employees: | 38 | |
BBN Listing #: | 366352348 | |
Broker Reference #: | 59071-667699 |
Business Overview:
Located in the beautiful Pacific Northwest, this cabinet manufacturer has set the quality standard for handcrafted cabinets for many years. Their foundation lies solidly in a rich heritage of excellent craftsmanship and keen attention to detail. Having an intense dedication to creating the best kitchen and bath cabinets available. All cabinets are built to specifications and any customization is possible. The quality of kitchen is further ensured by the on-site lumber broker who sees to it that only the finest woods are used in your project. These woods along with a softly glowing, smooth-to-the-touch finish affirm the strength and durability that lies beneath. This cabinet manufacturer consistently delivers unmatched workmanship to provide beloved kitchens to all their customers.
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Property Features and Assets:
Established over 40 years ago this company has been a leader in the custom cabinet manufacturing space, starting out making only modular face-framed cabinets in with a few options. As time went by and the customer base grew, they switched to a more custom cabinet and any option was available. In the early stages of the company, they started selling cabinets through independent sales reps outside of Oregon that helped the company double in size. Well suite, large warehouse that is conveniently located in a warehouse district with easy access to the I-5 freeway.
Market Competition and Expansion:
A steady trend for demand is expected. The millennial age group does have a tendency to rent versus buy homes. Most of the closet/cabinet/organizing industry lends to homeowners, but the ongoing home improvement of the baby boomer, coupled by high-growth regions, will provide the steady growth—not significant but steady. Business strategy for potential growth could be to add new products to expand variety of colors, cabinets styles and hardware, ensure the best quality continuing regular inspections. Improve production more by continuing to add and upgrade with new equipment. Increase clientele, customers, and dealers with marketing at open houses as well as increasing total social media outreach.
Reason for Selling:
Moving on.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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