Custom Closet & Organizational Systems Manufacture

Hickory, NC
Catawba County


Asking Price: Annual Revenue:
$175,000 $251,956

Manufacturing: Furniture, Fixtures Manufacturing


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RE: Custom Closet & Organizational Systems Manufacture Broker: Adam Petricoff
Owner Financing is Available!
Seller is open to partial seller financing for qualified buyers.

Quick Facts

Asking Price: $175,000
Annual Revenue: $251,956
Net Profit: Not Disclosed
Cash Flow: $95,240
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: 1
BBN Listing #: 104655287
Broker Reference #: 42520091

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Business Overview:

Seller is open to partial seller financing for qualified buyers.

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Property Features and Assets:

The business is a home-based business with storage and limited production being operated out of the owner’s property. The buyers could continue a similar set up at their residence or rent a small facility. (Home Based)

Market Competition and Expansion:

Competition:* They are the only “true” custom closet fabricator in the greater Charlotte area. * Advertising is mainly in the form of a web site. * Have used home shows, print ads, flyers, direct mail and Google AdWords in the past. * Word of mouth and repeat business continues to be one of the most effective forms of advertising for the business. Networking groups and local home builder associations. Growth & Expansion:* Run the business as a full time venture, not part time, * Expand the sales staff to add more builder & trade accounts, * Participate in local home builder and interior designer networking events, * Add full service interior design services, * Offer related services such as personal organizing, * Enhance marketing to be more consistent throughout both print and digital platforms, * Develop a trade pricing structure to allow designers and builders to sell the product lines.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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