MergerPlace

Hawaii Closet & Storage Producer

Hawaii


  • Asking Price: $485,000
  • Gross Income: $1,160,167
  • Cash Flow: $172,945
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #206068
  • Established: Not Disclosed
  • Employees:

Business Description

One of Hawaii’s premier closet and storage design, manufacturing and installation companies is for sale due to the retirement of the owners. They are a fully integrated supplier of custom designed storage systems to the consumer, commercial and home construction market, and their products include closets, home offices, entertainment centers, kitchens, and retail space, etc.
They are the #1 player in their market based on the excellent service and product quality delivered over 25 years. Sales in 2017 were $1.16 million, up 14.7% over 2016, which generated owner’s profits of over $142,500
They maintain a large pipeline of both fully contracted projects and projects in the bidding process which will be transferred to the buyer at closing.
This easy and fun to operate business is being sold on a totally turnkey basis including all manufacturing and installation tools & equipment, vehicles, and intangible property like trade name, website, etc. plus all contracted order backlog will transfer to the buyer.
Sellers will provide an agreement not to compete and needed training/orientation for the buyer.
BUSINESS HIGHLIGHTS

• Over 25 years in the Hawaii market building a great brand name based on high quality and customer service.
• #1 market share
• Excellent profit margins: Gross Margin 66% and SDE margin 15%
• Experienced sales and operating team not dependent on owners
• Good historical revenue growth and excellent future growth prospects
• Productive and well-ordered manufacturing and installation operation
• Easy and fun to operate – only 12 employees
• Allows owners to use their creativity to make customers happy
• Offered full turnkey with all equipment and vehicles.
• Large & growing contracted backlog – to be assigned to buyer
• Earn enough cash flow so Owners can really enjoy all that Hawaii’s tropical paradise offers.


Business Details

Primary Business Category: Manufacturing - Furniture, Fixtures & Related Products
Location: Hawaii

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $485,000
Gross Revenue: $1,160,167
Cash Flow: $172,945
Seller Financing Available: No

Contact Business Seller

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Business Listed By:

Tom Caltrider

Hawaii Business Sales