Seller's Contact Information
- RE: High-End Furniture/Cabinet Manufacturer
- Contact: Jason Blair
Quick Facts
Asking Price: | $2,360,000 | |
Annual Revenue: | $1,994,307 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,202,243 | |
Total Debt: | Not Disclosed | |
FF&E: | $196,045 | |
Real Estate: | Not Disclosed | |
Year Established: | 1990 | |
Employees: | 11 | |
BBN Listing #: | 919452348 | |
Broker Reference #: | 59071-649676 |
Business Overview:
This is a high-end furniture manufacturer with a unique market niche that sets them apart from most shops in the country. The business operates in both commercial and high-end residential markets. A highly developed process from the creation of a customized design down to the specialized equipment needed for manufacturing and installation contributes to the overall quality and ultimate growth of this company. The current owner has also developed an extensive CRM that keeps all customer data streamlined into one place. This is a multifaceted business that offers a unique specialized service. They are poised for growth and ready for the next owner to continue to develop on their success and take them to the next level. Given their unique market niche this would be an ideal acquisition for a traditional cabinet or furniture maker or a residential or commercial construction business that is seeking to grow through diversification. Please note at this time we are being discreet as to what type of furniture and will reveal after proper vetting of all interested parties.
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Property Features and Assets:
The business started up in the early 90’s as a small owner operated shop and has evolved with the addition of capable and accomplished craftsmen that brought their unique design abilities to residential as well as the commercial clients. Over the years, the fabrication has moved from smaller machines and equipment to highly advanced CNC machines which are set up to serve the specific needs of the facility. The shop has grown to have multiple qualified/ skilled employees that offer up years of knowledge.
Market Competition and Expansion:
The business has been operating for over 30 years and has earned a top-notch reputation in the Portland metropolitan market and nationally for their unique service and quality products. The manufacturer now stands as the preferred resource by builders, designers, and developers in both residential and commercial markets. Their design capabilities and the ability to handle large-volume production of high-end furniture and specialized, creative cabinetry installation to meet very diverse customer needs work in collaboration to set them apart from their competition. This is truly a high caliber, skilled shop that provides a specialized service. The business has seen steady and strong sales over the years. Recent growth has focused on improved expense controls to achieve operational efficiencies that contribute to higher margins. In addition to adopting more efficient processes they have modified pricing to be competitive with the market and focused on increasing sales volume. The owner has continued to work on the profit margins with increasing pricing to market rate. There is an opportunity to add additional product categories to increase revenue streams with some capital injection.
Reason for Selling:
Other opportunity.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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