Thriving Cabinetry Contractor w/Big Future

Florida
Asking Price: $2,495,000
Business For Sale Details
Listed on Apr 12, 2022

Opened since 1996, strong financials are reflected with current Year-to-Dates already up 16% from 2021, thanks to recent organic growth of new county developments and a rising local population. Situated in Southeast Florida, the company provides custom design and installations of manufactured cabinetry for individual residences, such as home offices, garage storage systems, wall unit & media centers, and higher quality closets. Company carries a ten-year written warranty, high ratings, and successful business models of full payment, primarily upon job completion, catering to both Commercial (10%) and Residential (90%) work. With no consumers making up more than 4% of the annual income, prime opportunities to expand exist through an ideal buyer with a sales team, as company enjoys multiple strategic flexibilities. Reliable personnel of twelve nonunion employees are most likely to remain post-purchase and continue owner-involved operations after a standard transitioning period of twelve months. Listing includes $4K in Receivables (sales are C.O.D.) and projects further Sales in 2023, as Revenues for 2022 reached $2,396,107 next to Discretionary Earnings of $632,329 and EBITDA’s of $526,971. Their warehousing facility measures 3,700 square feet, holds a renewable tenancy, is found in excellent condition, and is zoned to handle additional capacity. Property comes complete with client reception and meeting areas, offices for sales, administration, and design, as well as space for manufacturing, storage of materials, and project preparations. Apart from a website and online marketing via social media, other promotion efforts center on magazine adverts and referrals from their client base fully backed by a superior service.
Listing includes Equipment of $15,000 and valued Inventory of $25K to $35K.

change currency

Financials (USD)

Asking Price $2,495,000

Cash Flow $632,329

Sales $2,396,107

Deal Terms

Represented by broker? Available On Request

Buyer Fee? Available On Request

Seller Financing? Yes

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? No

Management will stay? Yes

Relocatable? Yes

Real Estate? Available On Request

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.

Request Information

Want to learn more about this listing? Log in now. New to DealStream? Discover how artificial intelligence can help you find better deals! Sign up for a Free Account today and get your first Search Genius deal tomorrow.

Sign Up

DealStream Awards & Reviews

More Listings Like This
Resources For Entrepreneurs
Industry Guides