Business For Sale

Custom Cabinet Manufacturer – True Craftsmanship!

Not Disclosed, MI
St. Joseph County


Asking Price: Annual Revenue:
$325,000 $536,500

Manufacturing: Wood, Stone, Concrete


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RE: Custom Cabinet Manufacturer – True Craftsmanship! Broker: Max Friar

Quick Facts

Asking Price: $325,000
Annual Revenue: $536,500
Net Profit: Not Disclosed
Cash Flow: $108,900
Total Debt: Not Disclosed
FF&E: $285,000
Real Estate: $325,000
Year Established: 1977
Employees: 4
BBN Listing #: 420545079
Broker Reference #: 959

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Business Overview:

Established over 40 years ago in Southwest Michigan, this Company designs, builds, and installs high-end, custom cabinetry throughout the region. The Company operates out of a 12,000 square foot facility filled with an extensive line of well-maintained equipment. This facility was specifically developed for the Company's operations and features designated spaces for woodworking, finishing, storage, a showroom and office space. There is also ample parking.
Current owners are looking to retire and anticipate selling the associated real estate with the business.

For someone seeking to be their own boss, the Company provides a wonderful and solid foundation: fantastic reputation, customer base, well-maintained equipment and seasoned employees in place. Don’t miss out!

The business and real estate are for sale for $625,000.

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Property Features and Assets:

The Company operates out of an owned 12,000 square feet facility. The $325,000 facility is available for sale or lease.

Market Competition and Expansion:

Competition/Market Pros and Cons: (1) Hard Assets: A significant proportion of the value of the Company is comprised of woodworking equipment, which has an estimated fair market value of over $150,000. These hard assets may serve as collateral for financing the purchase of the Company or a means of reducing the risk, should the buyer use entirely their own funds for the acquisition. (2) Advantageous Location: The Company has the advantage of being located in a very low-cost city in Southwest Michigan, but in relative proximity to many areas with affluent populations. This enables the Company to price its products competitively while still maintaining healthy margins. Growth and Expansion Pros and Cons: (1) Sales and Marketing Efforts: The Company would benefit from obtaining a web presence, a dedicated salesperson, and a focused marketing strategy targeting architects, builders and general contractors. (2) Product and Service Expansion: Branching out into new markets with new services may be a strategy worth pursuing.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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Disclaimer:

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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