Asking Price $1,200,000
Financial Information
Revenue: $1,356,696 Income: $481,565
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One Cabinet Company in Florida Dream Destination; Three Distinct Lines of Business with Established Staff and Excellent Reputation

Fantastic Opportunity to Acquire an Impressive Company with Three Diversified Product Lines Covering Multiple Market Sectors for Residential Cabinetry Serving the Rapidly Expanding Sarasota, Florida Area

$1.18 million in total revenue in 2021; $1.2-1.4 million projected revenue for 2022.

Since 1996, the Company operates three complementary lines of business: one sources and installs high quality manufactured cabinets; another specializes in designing, creating, and installing custom wood cabinetry, furniture, and more; and a third designs and builds durable cabinets for outdoor use. The various lines of business act as natural referral sources for one another and assist the company to weather various economic climates, as they can transition from custom to manufactured seamlessly and or offer all three service lines congruently.

The Company leases a 8,900-square-foot workshop with a staff of 15 professionals; the business is movable, or the landlord is willing to extend the lease.

The Company has an established customer base of home and business owners as well as local architects, interior designers, and contractors.

The Company has a strong reputation for excellent customer service & quality work. For over a decade, the majority of new business stems from referrals and they have more orders than they can fill, allowing them to choose the most profitable jobs.

The Company’s services are in high demand as their immediate service area is experiencing significant growth.

Current owners are happy to assist the buyer through transition and even stay on in a design/consulting capacity, as needed during and beyond a typical transitional period.

Purchase Considerations

  • Three unique lines of business that serve as referral sources for one another and minimize Company exposure during periods of economic volatility.
  • Stellar reputation for customer service and quality work in one of the nation's fastest-growing markets continues to lead to overwhelming demand for products and services for over a decade.
  • Fully equipped workshop with CNC capabilities.
  • Knowledgeable, professional staff in place & owner/designer willing to assist with transition and custom design work on an ongoing basis if needed.
  • Significant opportunities for increased sales with minimal marketing and sales efforts.

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
stateLevel
Employees
10 Full time ,   5 Part time  
Years in Business
26
Asking Price
$1,200,000
Terms

Negotiable

Ownership
1 @ 51%  1 @ 49% 
Facilities
8900 sq ft
Reason For Sale
Owners are preparing for retirement