Profitable, turnkey operation with loyal customers

NOT DISCLOSED, California

Asking Price $1,050,000 Year Established 1986
Annual Revenue $1,905,496 Reason for Selling Retire  
Annual P/L $289,246 Attention Business Team
Annual Cash Flow $289,246 Listing Number 1003395  
# of Employees 16 Business Category Manufacturing: Non-classifiable

Business Overview:

This long-established cabinet-finishing company has served the Greater Bay Area for over 30 years and operates from a purpose-built facility that must be purchased with the business. A skilled, long-tenured staff manages day-to-day operations while the out-of-state owner works about 10 hours per week. The company specializes in high-quality painted and stained finishes for cabinetmakers and contractors, with most revenue coming from repeat clients and referrals. Buyers must demonstrate a $650,000 cash injection and sufficient business experience to qualify for an SBA loan. The seller is retiring and will provide transition training.  PH11775

REDUCED PURCHASE PRICE

Property Features and Assets:

<p>Hours:  Monday through Thursday from 7:30 am to 3:30 pm, friday from 5 am to 1 pm</p><p>Rent $22,545, NNN $3,979, Square Feet 16,700</p><p>Inventory $50,000 included in purchase price</p><p>A/R $125,000 included in purchase price</p><p>A/P $30,000 included in purchase price</p><p>Real Estate Available, $4,200,000, not included in the purchase price</p><p><br></p>

Market Competition and Expansion:

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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