Specialty Home Improvement Business
Harris County, Texas
| Asking Price: |
Gross: |
Cash Flow: |
| $1,400,000 |
$4,866,459 |
$502,058 |
Furniture and Fixtures Value:
$588,777 (included in the asking price)
Inventory Value:
$100,000 (included in the asking price)
Real Estate:
$1,500,000 ( not included in the asking price)
Business Summary:
This well-established and thriving millwork and cabinetry business is a market leader in the greater Houston area, providing design services, manufacture and installation of high-end custom cabinets and woodwork to residential customers looking to transform their spaces to optimize organization and utilization of the space.
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| Year
Business was Established: 1995 |
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| Number of Employees:
35 FT |
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| Facilities / Terms of Lease:
The business operates from a location that leverages approximately 15,000 square feet of space for a spacious showroom, design and administration offices, manufacturing operations and warehouse and distribution facilities. The manufacturing and production is done on-site using high-caliber CNC equipment. The real estate is offered separately for $1,500,000. |
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| Potential
Growth/Expansion:
The business has seen steady and strong sales over the years due to brand strength, quality of workmanship and reputation. Recent growth has focused on improved expense controls to achieve even more efficiency of margins, but additional growth is possible on the revenue side as well. Seller suggests that enhances sales management and growth of the sales team could help, as well as expanding the network of builders and designer partners. Long-term growth would also benefit by the addition of satellite showrooms. |
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| Competition:
The business has been operating for over 25 years, earning it a top-notch reputation in the Greater Houston area, resulting in being the preferred provider by builders, designers, developers, and discerning property owners. The competitors lack the reach and market size, the design capabilities and the ability to handle large-volume production of high-end cabinetry and millwork. |
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| Owner
willing to finance:
$1.3M down/$100K over 120 mos. @ 8%. |
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| Owner
willing to train:
Will train for 6 weeks @ $0 cost. |
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| Reason for selling:
The seller was recently diagnosed with some health issues leading to a decision to sell. |
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| REQUEST MORE INFO |
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