Home Storage & Organization Furniture Manufacturer

Not Disclosed, NJ


Asking Price: Annual Revenue:
$2,250,000 $5,600,000

Manufacturing: Furniture, Fixtures Manufacturing


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RE: Home Storage & Organization Furniture Manufacturer Broker: Tonya Graham

Quick Facts

Asking Price: $2,250,000
Annual Revenue: $5,600,000
Net Profit: Not Disclosed
Cash Flow: $600,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 20
BBN Listing #: 916849983
Broker Reference #: S-1590-GL

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Business Overview:

The Company is a manufacturer of custom, made-to-order closet systems, cabinets, doors, and closet & cabinet parts. Founded over 30 years ago, the Company has expanded its operations to become one of the leading closet and cabinetry manufacturers in the New York tri-state area.

The primary products manufactured include various closet parts, doors, and moldings as well as fully assembled and unassembled cabinetry. The manufacturing process is fully automated and all products are manufactured from melamine and polyester.

The Company currently has over 200 active customers. Its target customer base is comprised of home storage professionals, builders, and kitchen & bath dealers. Approximately 70% of its annual sales are generated within the New York tri-state area with the remaining sales spread throughout the US.

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Property Features and Assets:

The Company currently leases a 14,000 square feet facility.

Market Competition and Expansion:

The Company is known throughout the industry for its high quality products and dependability. It has developed a niche in the business to business trade and has become a reliable partner to its customer base. With a well-established reputation in the industry, the Company is prime for further expansion with an ideal acquirer that expand the resources available to the operation. Some opportunities identified by the Principal that could further improve the Company’s operations and expand into new markets include expanding into vanity and kitchen cabinets, and investing in new manufacturing technologies.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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