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Quick Facts
Asking Price: | $799,500 | |
Annual Revenue: | $3,200,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $395,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 175,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | 9 | |
BBN Listing #: | 303528597 | |
Broker Reference #: | 11349 |
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Business Overview:
Great opportunity to acquire an established cabinet manufacturing and installation business in Northwestern Arizona. This non-franchise, family-owned enterprise has dominated the cabinet business in the local communities for decades. As the communities have exploded so has the business, and revenues have averaged $2.5MM per year the past two years. The company works with home builders, re-modelers, kitchen and bath retailers, and consumers, and no single customer makes up a significant percentage of sales. This business has a beautiful showroom and manufacturing operation in a great location. The business carries several brands of cabinets and is the exclusive regional dealer for three major national brands. An experienced team of nine employees does the manufacturing and installation, while the owner handles mostly administrative tasks. Seller owns the building and will create a multi-year commercial lease for a new owner. Alternatively, the building and land can be purchased for an additional amount to be determined by a third party appraisal. This business has minimal marketing expenses as there is very little competition in the area. After more than 25 years in the business, the sellers are ready to retire. Some seller financing is available to qualified buyers with a significant down payment and multi-year lease. SERIOUS INQUIRIES ONLY PLEASE. All inquiring parties will be required to complete a confidentiality agreement before receiving any additional information.
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Property Features and Assets:
9,144 Square Feet; $6,000 monthly rent; Open Monday through Friday from 9am to 5pm.
Reason for Selling:
Retirement
Additional Details:
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