Cabinet Manufacturer
Manatee County, Florida
| Asking Price: |
Gross: |
Cash Flow: |
| $279,000 |
$529,708 |
$98,754 |
Furniture and Fixtures Value:
$46,000 (included in the asking price)
Inventory Value:
$6,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
Cabinet manufacturer with impeccable craftsmanship working with high-end home builders and direct to the consumer. The company does start to finish design and manufacturing of quality cabinet boxes made of birch. Company then orders doors based on client choice of style and color. The company has been established for 25+ years and at one point was doing over 2 1/2 million in sales but the seller has slowed down. Seller is willing to stay on in sales and to help the transition. SBA Pre-Qualification is available. Please refer to listing # 3353-934203, Agent Joseph Nicolini when inquiring about this listing. Thank you!
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| Year
Business was Established: 1993 |
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| Number of Employees:
1 FT / 1 Mgr |
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| Facilities / Terms of Lease:
Type of Location: Industrial Monthly Rent: $1,707 Square Units (Foot, Meter): 1,700 Lease Expiration Date: December 30, 2020 Terms Options: open |
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| Potential
Growth/Expansion:
With the booming economy a advertising campaign should easily bring this company back to it's glory days. The institution of some automated machinery could also help turn out more work |
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| Competition:
Unlike the box stores this company still uses old world cabinetry techniques making their quality uncompromised |
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| Owner
willing to finance:
Loan/Seller- Amt: 27,900 @ 7% for 36 Mos =861.47 SBA Aval. Amt: 223,200 Mos: 120 Rate:6.00 Mo Pmt: 2,477.98 |
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| Owner
willing to train:
Will train for 2 weeks @ $0 cost. |
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| Reason for selling:
Semi Retirement |
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| REQUEST MORE INFO |
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