MergerPlace

Custom Cabinet Manufacturer

Michigan (St. Joseph)


  • Asking Price: $325,000
  • Gross Income: $536,500
  • Cash Flow: $108,900
  • Real Estate: $325,000
  • Inventory: Not Disclosed
  • FF&E: $285,000
  • Listing ID: #210850
  • Established: 1977
  • Employees: 4

Business Description

Established over 40 years ago in Southwest Michigan, this Company designs, builds, and installs high-end, custom cabinetry throughout the region. The Company operates out of a 12,000 square foot facility filled with an extensive line of well-maintained equipment. This facility was specifically developed for the Company's operations and features designated spaces for woodworking, finishing, storage, a showroom and office space. There is also ample parking.
Current owners are looking to retire and anticipate selling the associated real estate with the business.

For someone seeking to be their own boss, the Company provides a wonderful and solid foundation: fantastic reputation, customer base, well-maintained equipment and seasoned employees in place. Don’t miss out!

The business and real estate are for sale for $625,000.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency.

You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the NDA email cannot be found, please email info@smallbusinessdeal.com and request a PDF version.

Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you. The owner’s contact information will be provided in the CBR. They will be happy to correspond and answer your questions directly. Thank you for your time!


Business Details

Primary Business Category: Manufacturing - Wood Products
Location: Michigan
County: St. Joseph

Company Information

Year Established: 1977
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4

Financial Information

Asking Price: $325,000
Gross Revenue: $536,500
Cash Flow: $108,900
EBITDA: $42,000
FF&E: $285,000
Real Estate: $325,000
Seller Financing Available: No

Property Information

Facilities:

The Company operates out of an owned 12,000 sq. ft. facility. The $325,000 facility is available for sale or lease.

Growth & expansion opportunities:

(1) Sales and Marketing Efforts: The Company would benefit from obtaining a web presence, a dedicated salesperson, and a focused marketing strategy targeting architects, builders and general contractors. (2) Product and Service Expansion: Branching out into new markets with new services may be a strategy worth pursuing.

Competition:

(1) Hard Assets: A significant proportion of the value of the Company is comprised of woodworking equipment, which has an estimated fair market value of over $150,000. These hard assets may serve as collateral for financing the purchase of the Company or a means of reducing the risk, should the buyer use entirely their own funds for the acquisition. (2) Advantageous Location: The Company has the advantage of being located in a very low-cost city in Southwest Michigan, but in relative proximity to many areas with affluent populations. This enables the Company to price its products competitively while still maintaining healthy margins.

Reason for selling:

Retirement

Support & Training:

Ownership is willing to provide reasonable and customary transition assistance.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Max Friar

Calder Capital, LLC