Seller's Contact Information
- RE: Custom Cabinet Company TBH572
- Contact: Jeff Merry
- License #: 242824
Quick Facts
Asking Price: | $0 | |
Annual Revenue: | $910,905 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $102,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 70,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1953 | |
Employees: | 13 | |
BBN Listing #: | 209928642 | |
Broker Reference #: | Not Disclosed |
Business Overview:
This acquisition opportunity fabricates and installs custom residential and commercial cabinets (and some higher end custom office furniture) in the metro Atlanta market. The business has produced residential cabinetry since 1953 and after a strategic merger in 2008 they added commercial cabinets.
•The majority (approximately 80%) of revenue is generated from custom residential cabinet sales for new homes; the remaining 20% is custom commercial sales.
•Residential products are in the high mid-range housing market with orders filled for custom home builders and custom home contractors.
•The top three customers have been clients for 10 years.
•There exists abundant opportunity to increase sales with an active marketing plan and/or outside sales representation. The business does not market products and has no website or sales person. The commercial market would be prime for expansion.
•The company is located in and serves the metro Atlanta and surrounding areas. The standalone business facility is leased at $2,000 per month and contains 27,000 square feet of space including two offices.
•The facility is not specific to the operation of the business and could be relocated.
The business is staffed with twelve full time and 1 part time employee including the owners and a foreman. The owners manage the day-to-day operations of the business as well as layout work and costing. The company has an employee that could manage the layout processes.
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Reason for Selling:
Retire
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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