SBA Pre-Approved: Cabinet Manufacturer

Asking Price:

$1,200,000

Financial Overview

Revenue:
$1,950,000
Income:
$481,000
Multiple:
2.5

Business Description

For sale is a family-owned, stable, growing 20-year old custom cabinetry and furniture company in southern Oregon. This deal is SBA pre-approved, ask how you can buy this business with $120,000 down.

This business takes on large-scale full-home projects, small projects, residential, commercial, new construction, remodeling, kitchen cabinets, bath cabinets, countertops, murphy beds, cabinet re-facing, and storage solutions in traditional, rustic, and contemporary styles custom-designed for each customer.
This business is settled in the community it serves and makes good money; with a recognizable logo, it is the go-to place for cabinets in the valley it serves, and the largest residential cabinet shop in southern Oregon.

Suppliers are mostly local, and there are no vendor contracts in place. The already-successful business could easily double in size with the right owner who is willing to expand into general contracting work and invest in widespread advertising. The current advertising budget is small because the business is already successful with minimal advertising.

A fully self sufficient shop, with capabilities to produce custom cabinets from start to finish. A few of the highlights are: Cabinet Vision design software, capable of running on several workstations. The shop has equipment to cut out all of their own products (they have 2 slider production table saws, one with 2 tiger stops) They produce their cabinet doors (53″- 3 head wide belt and mitered door equipment) Do their own finish on the cabinets, with 2 separate spray booths with makeup air units. They also do their own installs with vans and trailers

According to statistics gathered by The Freedonia Group, kitchen cabinet demand in the United States is projected to increase 5.9% per year to $17.1 billion in 2021.

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