Business For Sale

Custom Cabinet, Closet Design & Manufacturer

Not Disclosed, CA
San Diego County


Asking Price: Annual Revenue:
$359,000 $1,244,292

Manufacturing: Furniture, Fixtures Manufacturing


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RE: Custom Cabinet, Closet Design & Manufacturer Broker: Joe Durkin
Owner Financing is Available!
$79,000.00

Quick Facts

Asking Price: $359,000
Annual Revenue: $1,244,292
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1974
Employees: 13
BBN Listing #: 128433008
Broker Reference #: 2401-391682

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Business Overview:

FIRST TIME IN 44 YEARS, a fabulous opportunity to acquire this well-established custom woodworking business!! Established in 1974 as a full service cabinet manufacturing business. Offering design, space planning services, and building high quality cabinets from traditional, paint grade, to raised panel, stain grade, to high tech modern with European laminates and veneers. The company has a fully licensed spray finishing booth for applying stains, sealers, top coats, and finishes. As a full service closet organizing company, the business also builds garage, home office, bathroom, and pantry cabinets. The seller has built a solid business based on quality, professionalism, on-time delivery and always paying attention to the smallest detail. This business could qualify for a SBA loan. A+ BBB Rating; 4.5 STARS on YELP!!

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Property Features and Assets:

Located in a choice industrial neighborhood in San Diego, the building is a free standing facility of 6,900 square feet commercial/industrial building. This includes 1,400 square feet of office/reception/design/showroom space. The seller owns the building and desires to lease it to the new business owner at a rate of $5,700 per month with a 2% increase each year. This business has achieved an A+ BBB Rating and 4.5 STARS on YELP!! Over the years the seller has built a solid business based on quality, professionalism, on-time delivery and always paying attention to the smallest detail. The company has never grown to more than about 15 employees by design, the seller wanting to remain more of a boutique operation. The company has developed a very good customer base with high marks on Yelp and Google. Many customers have often referred clients to the company and have been repeat clients themselves over and over again. To date, the company has booked and installed over 10,000 custom cabinet and closet installations. And it has amassed a large data base of clients, builders, and architechs that can be used for marketing purposes.

Market Competition and Expansion:

The company is competitive in the cabinet and closet industry and can be even more competitive with investments in automation, technology, and computer based equipment. San Diego County is a growing community and the company has grown with it for over four decades. The business has been successfully driven through word of mouth and has a strong potential to increase both revenues and earnings with focused management and additional methods of client development. Automation of the machinery would potentially cut costs and increase profits.

Reason for Selling:

Retiring

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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