MergerPlace

Fantastic Manufacturing Opportunity

Florida (Palm Beach)


  • Asking Price: $199,000
  • Gross Income: $844,911
  • Cash Flow: $108,598
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $112,000
  • Listing ID: #211532
  • Established: 2000
  • Employees: 3 FT

Business Description

Fantastic Business-Fantastic Price. This is a Kitchen & Bath Cabinet manufacturing business that is located in a large space (with low rent) just off I-95 in a wealthy area that craves its quality products. The owner produces a number of different products because his machinery & equipment (including a newer CNC machine) are able to make thousands of items. Great machinery, inventory, a fully stocked delivery Van, excellent employees and the owner goes home with over $100,000 per year in his pocket! This is truly an opportunity worth looking at ASAP!


Business Details

Primary Business Category: Manufacturing - Wood Products
Location: Florida
County: Palm Beach

Company Information

Year Established: 2000
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 3 FT

Financial Information

Asking Price: $199,000
Gross Revenue: $844,911
Cash Flow: $108,598
FF&E: $112,000
Inventory: $5,000
Seller Financing Available: Yes

Property Information

Facilities:

Located right off of a major street and down the block from I-95, this location can't be beat. With 5,600 sq. ft. of factory including an air-conditioned office/showroom, plenty of parking and a very reasonable rent. This location is in a very upscale area and is easy for customers/vendors/deliveries, etc. Most of the customers are either Interior Designers, Builders or the actual Customers.

Growth & expansion opportunities:

The potential for growth in this business is unlimited! Due to the constant new & Redo construction in Florida (especially in South Florida) and the need for Quality Cabinets and well as lower cost, this business will always be busy as it has been for over 18 years!

Competition:

There is very little (if any) competition for this business. The very high-quality of the cabinets and the low overhead make it easy to make an excellent product that is less expensive but still makes a lot of profit.

Reason for selling:

After so many successful years, the Seller has decided to Retire.

Support & Training:

Will train for 4 weeks @ $0 cost. There are no special skills or licenses needed for this business. The owner will happily train the Buyer to operate the CNC machine as well as all other aspects of this business.

Contact Business Seller

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Business Listed By:

Paul Lapidus

Murphy Business Brokers