MergerPlace

Custom Cabinets and Woodworking Business

Wyoming


  • Asking Price: $1,250,000
  • Gross Income: $905,265
  • Cash Flow: $235,483
  • Real Estate: Not Disclosed
  • Inventory: $24,000
  • FF&E: $444,750
  • Listing ID: #206314
  • Established: 1982
  • Employees: 6 FT

Business Description

This custom woodworking business has a strong niche in high end residential cabinetry and millwork in addition to some light commercial restaurant and retail space pieces. Strong clientele and long successful history in a very strong market place.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Wyoming

Company Information

Year Established: 1982
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 6 FT

Financial Information

Asking Price: $1,250,000
Gross Revenue: $905,265
Cash Flow: $235,483
FF&E: $444,750
Inventory: $24,000
Seller Financing Available: No

Property Information

Facilities:

Business for sale complete with all equipment to carry on the long tradition of making custom pieces made. Shop space has been leased for duration of business and would be available to renew. 100% of the design work is done in house and the shop is a complete setup with automated equipment to include CNC machinery, planers, double head sanders, boring machines, etc. All machinery is installed and ready to operate. Electric is run to each machine; compressed air is run to most machines; dust collection is run to all machines.

Growth & expansion opportunities:

With a love for woodworking and a business head, a new owner could create great growth if willing to jump in with both feet and spend time in both the office and the shop. Getting to know the existing clientele and desire to add more jobs to the workload would require time spent on both fronts.

Competition:

Due to the location of the business and the clientele the business serves, the custom orders, both large and small scale, are hard to replicate. This business takes great pride in specializing in items that others cannot do or do not know how to do creating out of the ordinary, above standard pieces. You simply cannot compare it to an average cabinet shop. A long standing, great reputation business with private, commercial and professional clients seeking quality pieces, doors, cabinets, tables, etc.

Reason for selling:

Owner ready to retire.

Support & Training:

Will train for 4 weeks @ no cost. No specific licensing is required in the State of Wyoming. The perfect fit would be an ambitious and qualified person(s) with a love for woodworking and machinery. With hand held tools to CNC machines, there is nothing this shop cannot produce.

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Business Listed By:

Heather Ewing

Murphy Business Brokers