Seller's Contact Information
- RE: Profitable Custom Cabinets Company
- Contact: Rich Giles
Quick Facts
Asking Price: | $2,450,000 | |
Annual Revenue: | $4,089,440 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $752,135 | |
Total Debt: | Not Disclosed | |
FF&E: | 426,262 | |
Real Estate: | Not Disclosed | |
Year Established: | 1981 | |
Employees: | 32 | |
BBN Listing #: | 96914955 | |
Broker Reference #: | 6004-17192 |
Business Overview:
Founded over 40 years ago, today, this company is one of the largest custom cabinet makers in Texas. All cabinets are made using traditional techniques, striving to provide excellent craftsmanship and innovative custom designs. Today, the company works almost exclusively with Dallas-Fort Worth area builders, providing cabinetry for new construction.
Its strengths include:
· It is very well established
· It enjoys strong customer relationships
· Excellent reputation for superb craftsmanship and attention to detail
· Strong housing market with steady growth in new construction
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Property Features and Assets:
Manufacturing facility is 15,500 square feet. Monthly lease is $5,700 ($68,400 annually). Current lease runs through 12/31/26 and there is an option to renew. Assets - $432,989
Market Competition and Expansion:
There are several other large cabinet manufacturers in the area, but with the demand so high, there is more than enough work to go around. The company's 40 years of excellent service and quality gives them an edge over their competition. According to IBISWorld Reports, 'Revenue for the Cabinet and Vanity Manufacturing industry is projected to increase over the five years to 2027.' The Dallas-Fort Worth area continues to see a very robust new housing market. This company works with local home builders, and they have seen a sharp increase in demand for their services since the pandemic. That demand continues in 2022.
Reason for Selling:
Owner is retiring.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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