MergerPlace

Specialty Home Improvement

Texas (Harris)


  • Asking Price: $1,725,000
  • Gross Income: $3,796,679
  • Cash Flow: $736,666
  • Real Estate: Not Disclosed
  • Inventory: $60,000
  • FF&E: $463,943
  • Listing ID: #225318
  • Established: 1995
  • Employees: 35 FT

Business Description

This well-established and thriving millwork and cabinetry business is a market leader in the greater Houston area, providing design services, manufacture and installation of high-end custom cabinets and woodwork to residential customers looking to transform their spaces to optimize organization and utilization of the space.


Business Details

Primary Business Category: Construction - Building, Developing
Location: Texas
County: Harris

Company Information

Year Established: 1995
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 35 FT

Financial Information

Asking Price: $1,725,000
Gross Revenue: $3,796,679
Cash Flow: $736,666
FF&E: $463,943
Inventory: $60,000
Seller Financing Available: Yes

Property Information

Facilities:

The business operates from a location that leverages approximately 15,000 square feet of space for a spacious showroom, design and administration offices, manufacturing operations and warehouse and distribution facilities. The manufacturing and production is done on-site using high-caliber CNC equipment.

Growth & expansion opportunities:

The business has seen steady and strong sales over the years due to brand strength, quality of workmanship and reputation. Recent growth has focused on improved expense controls to achieve even more efficiency of margins, but additional growth is possible on the revenue side as well. Seller suggests that enhances sales management and growth of the sales team could help, as well as expanding the network of builders and designer partners. Long-term growth would also benefit by the addition of satellite showrooms.

Competition:

The business has been operating for over 25 years, earning it a top-notch reputation in the Greater Houston area, resulting in being the preferred provider by builders, designers, developers, and discerning property owners. The competitors lack the reach and market size, the design capabilities and the ability to handle large-volume production of high-end cabinetry and millwork.

Reason for selling:

The seller wishes to retire after helping the buyer successfully transition to new ownership.

Support & Training:

Will train for 6 weeks @ no cost The business helps clients with designing and installing optimal organization and storage systems in a multitude of spaces. The ideal buyer will have strong management and sales skills, able to focus on business development, marketing and operations, while coordinating and motivating the design, sales, manufacturing and installation staff. An eye for architecture, design quality woodwork would be a beneficial skillset.

Contact Business Seller

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Business Listed By:

Michael Holloman

Murphy Business Brokers