High-Quality, Custom Closets and Cabinetry Company Ready for Expansion
Growing customer base in densely populated, affluent tri-state area; 52% YoY growth; Three different lines of business, all showing stable to high future growth potential; Located in a 4,000-sf workshop with room for expansion that is available for purchase or lease
*Ideal Add-on for Custom Home Construction Companies*
Revenue increased by 52% from $609,280 to $929,301 in 2022. During the same period, net income increased by 37% to $114,758 compared to $83,904 in 2021. Seller's discretionary cash flow totaled $385,174, which is more than twice 2021's figure.
Poised for rapid growth, the Company creates high-quality, custom closets and cabinetry for residential and commercial customers, along with storage solutions for closets, mudrooms, garages, and other spaces.
Their exceptional customer service and quality products have created a strong reputation for the Company in its area of expertise.
- SBA prequalified.
-The Company manufactures its products, reducing mistakes and lead times, while allowing customers to shop locally.
-The current owner has over 40 years of experience in the industry and is available to help with post-sale training.
-Significant opportunities for continued growth exist, especially through marketing and expanding their product offerings.
Certain principals of Raincatcher are registered representatives offering securities and investment banking services through Britehorn Securities, a registered broker-dealer (member FINRA/SIPC). Britehorn Securities and Raincatcher are not affiliated entities.