MergerPlace

High End Built-In Custom Furniture Manuf

Michigan (Oakland)


  • Asking Price: $1,200,000
  • Gross Income: $500,000
  • Cash Flow: $170,400
  • Real Estate: Not Disclosed
  • Inventory: $10,000
  • FF&E: $600,000
  • Listing ID: #210472
  • Established: 1985
  • Employees: 5

Business Description

This high-end custom furniture and cabinet manufacturing company has been successfully operating in Michigan for over 35 years. The company has earned a reputation as the premier custom furniture and cabinet manufacturing operations in the industry and has maintained many customers because of their quality and ability. This custom design manufacturing company provides products to both commercial and residential accounts. Whether a commercial client requires an order pick up or a delivery and installation, this operation is experienced in all facets of the business. The furniture and cabinet manufacturing company is qualified to do their work with the best equipment in the area. The owner has built this business to a comfortable level many opportunities for future growth. The seller is very selective on the clientele that they work with. By doing this, they are a customer pay business and they do not work with builders directly as they require upfront and prompt payments before delivering and installing the final products. The greatest of care is taken with each project—regardless the size. Embracing this business philosophy has allowed the owners to set the company apart from the competition and to grow the business through referrals from satisfied customers without any advertising! The owner is hands on daily, working in all capacities. The owner is looking to slow down and take a step back. The seller will consider the possibility of staying on for a longer part-time employment and to transition correctly to transfer the relationships. With a strong, solid cash flow and full-time involvement from a new owner, this operation is well situated for continued growth within both the residential and commercial markets. A Non-Disclosure Agreement and proof of financial ability for possible bank financing are necessary to learn more about this opportunity. Contact Jonathan Swanson @ 248-688-9080 or email me at Jswanson@impcre.com for more information.


Business Details

Primary Business Category: Manufacturing - Furniture, Fixtures & Related Products
Location: Michigan
County: Oakland

Company Information

Year Established: 1985
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5

Financial Information

Asking Price: $1,200,000
Gross Revenue: $500,000
Cash Flow: $170,400
FF&E: $600,000
Inventory: $10,000
Seller Financing Available: No

Property Information

Facilities:

10000 square ft of manufacturing and storage space

Growth & expansion opportunities:

Current owner does not advertise and is very selective of the clients they work with

Competition:

High end and top quality. Plenty of work

Reason for selling:

Semi-retirement

Support & Training:

The seller is open to stay for a longer transition to transfer over the relationships and or permanent part-time position

Contact Business Seller

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Business Listed By:

Jonathan Swanson

Imperium Property Group