Successful Cabinetry Manufacturer

, California 4 views 0 favorites

Financial Highlights
Asking Price
$300,000
Revenue
$313,117
Business Description

This excellent company is a specialty manufacturer, provides custom wood working cabinetry that are built, finished and installed for general contractors in both home new construction and home renovation. The company also works directly with end user consumers who value well-made, quality products. As a final piece, the company builds cabinets for commercial building contractors, landlords and tenants such as medical clinics, for example, and for commercial tenant improvements. The delightful product mix is an array of custom cabinetry in assorted woods that are finished by this business as well as beautiful bookcases, entertainment centers, serving centers, and libraries among others. Research indicates that U.S. kitchens will continue to claim a large share of square footage in new housing as well as in remodels, boosting demand for cabinets and kitchens which are the largest segment. Custom made kitchens and cabinetry have been on the rise for the past several years. Builders will install more cabinets in these rooms such as in kitchen islands, pull out drawers for storage, and for food preparation appliances and will offer added lighting to provide aesthetically pleasing solutions. The team is capably trained through effective management and the employees are productive. The Production Manager oversees operations and provides the Seller with the peace of mind to be off premises and to go away on vacations. For flexibility the team is currently comprised of two FT and two PT employees. The installers are sub-contractors. The business is located in Northern California in an accessible and business-centric area. This facility provides the company with an appreciably lower cost of living than that of the increasingly unaffordable, gridlocked and space constrained Bay Area and other high rent areas. . The location is within driving range of the Sacramento Region as well as beautiful Lake Tahoe and Truckee. Q1 Sales are red hot and the Owner has a robust pipeline of further client work Location: Nevada County, California Year Established: 2000 Number of Employees: 4 Relocatable: Yes Real Estate: Leased Building Sq. Ft.: 7,408 Rent: $4,000.00 Per Month Lease Expiration: 8/31/2025 Facilities: The facility is comprised of two units with a total square footage of 7,480 SF at an attractive rent of $4,000 or $.54/SF without any common area maintenance fees. The lease will run through 8/31/25 with the landlord open to lease extensions. There is a combination of offices and a large, well-organized workshop with room for expansion. The landlord is motivated to keep a good tenant in place. Market Outlook/ Competition: Demand for custom cabinets is on the rise and the pipelines are strong. Given the nature of their specialized and proprietary work and associated manufacturing processes, Management believes their deeply built knowledge, twenty-two-year presence with loyal, repeat customers and stellar reputation serves as a distinctive advantage. Growth & Expansion: A number of strategic opportunities have been identified that will take this company to the next level. These strategies will be shared in detail with all well qualified buyers.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 2 weeks ago

Views: 4

Favorites: 0