Business For Sale

Commercial and Residential Cabinetry and Millwork

Sanford, NC
Lee County

Asking Price: Annual Revenue:
$500,000 $843,019

Manufacturing: Wood, Stone, Concrete

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RE: Commercial and Residential Cabinetry and Millwork Broker: George Bradbury

Quick Facts

Asking Price: $500,000
Annual Revenue: $843,019
Net Profit: $136,688
Cash Flow: $136,688
Total Debt: Not Disclosed
FF&E: $254,750
Real Estate: Not Disclosed
Year Established: 1989
Employees: 10
BBN Listing #: 90406351
Broker Reference #: CABINET2

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Business Overview:

Since 1989 this company has been building beauty and functionality into custom cabinet projects. From kitchens, baths, built-ins, library/office and closets you will find their cabinetry in some of the most prestigious homes and offices in their market. Their staff works together with their clients to plan, measure and draw up cabinetry that insures every detail is in place. Using only hardwoods they build, paint/stain and finish cabinetry and make sure it is installed properly. They have robust commercial business including working for banks, conference rooms, laminate countertops and more. This company has built a great reputation with architects, builders and contractors in their market for almost 30 years.

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Property Features and Assets:

This business is located in a seller owned space and occupies approximately 19,000 square feet including 2 free standing paint facilities. The owner needs the facility to expand his other business (non-competitive). He will lease the space for a limited time (a year or two) while the buyer finds a new facility. The monthly rent has recently been increased to $5,000 per month.

Market Competition and Expansion:

There is competition on the manufactured "box" cabinets side; There really is just a handful of custom shops left that have any real craftsmen working. To a real "knowledgeable" customer that might be building a home or remodeling their current home; if you want real wood custom cabinets…..this company is the only answer. This company has been working for the last three months on "gearing up" on a completely new line of "frameless cabinetry" The owner believes Frameless sales could be significant in the next 18 months.

Reason for Selling:

Semi Retirement and other business interests.

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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