Asking Price $680,000
Financial Information
Revenue: $888,180 Income: $392,691
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Turnkey Custom Closets and Cabinetry Company Poised for Expansion

Growing customer base in densely populated, affluent tri-state area; On pace to have 50% YoY growth from 2021-today; Three different lines of business, all of whom show stable to high future growth potential; Located in a 4,000-sf workshop with room for expansion that is available for purchase or lease

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.

Thanks to their exceptional customer service and quality products, the Company has built a strong reputation in their area of expertise, largely by word of mouth.

Today, the Company experiences rapid growth, with revenue in the first half of 2022 already outpacing 2021’s total. The Company is well positioned for continued success with the potential for even more long-term growth. To bring the growth full circle, the Company has now complemented their garage storage systems by adding the Swiss Trax Garage Floor systems.

Purchase Considerations

  • 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 for custom closets and garage floor systems.

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.
Locations
regionLevel
Employees
5 Full time,   2 Part time  
Years in Business
33
Asking Price
$680,000
Terms

Negotiable

Ownership
2 @ 50% 
Facilities
4,000 sf building - new owner can purchase or lease the property from the current owners
Reason For Sale
Owners are preparing for retirement