Seller's Contact Information
- RE: Wood Manufacturing (Custom Cabinets & Casework)
- Contact: Bill Southwell
Quick Facts
Asking Price: | $1,425,000 | |
Annual Revenue: | $2,900,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $320,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $625 | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 270335781 | |
Broker Reference #: | CMW2023 |
Business Overview:
This company is a manufacturer of custom cabinets, casework, and millwork for discerning customers interested in quality, choices, and craftmanship that are tailored to specific customer needs with the goal to always balance functionality with aesthetics. In addition to custom cabinets, the company also manufactures various other products such as entertainment centers, bookcases, wine racking, mantels, railings, and more. 75% of their business is referral based, with the other 25% coming from online marketing and showroom walk-ins. All work is performed on-demand & custom with the work allocated between plastic laminate clad casework & countertops (40%), high-end residential painted/stained/lacquered casework (40%), showroom flooring/hardware retail sales (10%), custom finish work (5%), and custom millwork (5%).
The company is capable of taking their projects from concept, through all facets of manufacturing, and all the way to final installation using their extensive in-house parametric AutoCAD library, CNC precision manufacturing capabilities, and experienced staff of designers, engineers, and fabricators. Their business sales are generated from competitive commercial bids (40%), residential GCs (40%), and direct homeowners (20%). The business is also able to secure surety bonds more than $1M for larger commercial & government projects.
The business operates with both a showroom and manufacturing facility.
The Seller serves as a “part-time” estimator and senior level project manager drawing approximately $150,000 per year. The business has two salaried employees that include a showroom/business manager who earns $60,000 per year and a shop foreman who earns $80,000 per year. In addition, the business also supports 15 other hourly employees who earn between $15-$30 per hour that are involved with project design, CNC technicians, and production. All salaried and hourly employees are expected to continue employment with the business post-sale.
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Additional Details:
- The property is owned.
- 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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