MergerPlace

Commercial Millwork Mfg. in central NJ

New Jersey


  • Asking Price: $3,275,000
  • Gross Income: $3,220,490
  • Cash Flow: $1,309,000
  • Real Estate: Not Disclosed
  • Inventory: $50,000
  • FF&E: $883,000
  • Listing ID: #197505
  • Established: 1995
  • Employees: 20

Business Description

Commercial millwork manufacturer of architectural, custom-designed kitchen cabinets, bathroom vanities & closets. Product demand is driven by building activity in the multi-family residential, commercial (corporate offices) & institutional (medical, hospitality) market segments. The company has a modern 24,000 sq. ft. facility that utilizes the latest technology and equipment. This business is highly profitable with an excellent growth history.


Business Details

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

Company Information

Year Established: 1995
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 20

Financial Information

Asking Price: $3,275,000
Gross Revenue: $3,220,490
Cash Flow: $1,309,000
EBITDA: $1,309,000
FF&E: $883,000
Inventory: $50,000
Seller Financing Available: No

Property Information

Facilities:

Excellent facility near major highways. 10 year lease available.

Growth & expansion opportunities:

2016 revenue was up 60% vs. 2014. Good base of repeat customers.

Competition:

The company's end markets are projected to grow steadily through the current economic cycle.

Reason for selling:

Owner wants to relocate.

Support & Training:

Owner will train and remain through transition.

Contact Business Seller

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Business Listed By:

Ray Palombi

Capital Business Solutions