Business For Sale

Manufacturer cabinets well established and growing

Cobb County, GA
Cobb County


Asking Price: Annual Revenue:
$1,600,000 $2,000,000

Manufacturing: Wood, Stone, Concrete


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RE: Manufacturer cabinets well established and growing Broker: Matt Wochele
Owner Financing is Available!
10%

Quick Facts

Asking Price: $1,600,000
Annual Revenue: $2,000,000
Net Profit: $400,000
Cash Flow: $400,000
Total Debt: Not Disclosed
FF&E: $400,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 16
BBN Listing #: 701230182
Broker Reference #: 052920151

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Business Overview:

This company established in 1999 has developed a solid reputation over their sixteen year history. In the past few years they have positioned themselves in their niche of higher end cabinetry and furniture. Revenue had been steady in the $1.2M range through 2014. This year they are on track to exceed $2.0M. They are bringing in a production cabinet to service the demands of the market and to compliment their existing base. This addition should add significantly to their revenue in the future, however, our projection for 2015 does not include this addition. This year, 2015, revenue and profit are already on track to hit $2,000,000 and $475,000, respectively.
The price does not includes the real estate with an estimated value of $1.7M. This puts the business asking price in the 4 multiple range of owners discretionary earnings

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Property Features and Assets:

Two buildings totaling about 24,000 Square Feet on 2.1 acres. They are a fully equipped manufacturing facility. The real estate value is in the $1.7M range.

Market Competition and Expansion:

Typical

Reason for Selling:

personal

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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