Business for Sale: Custom Cabinet Manufacturer and Kitchen/Bath Remodeler
Updated: Feb 12
Outstanding acquisition opportunity! This firmly established business is highly profitable and well-suited for growth and expansion. The company has designed and built custom cabinetry and delivered kitchen and bath remodels for nearly 30 years.
This reputable operation services homeowners, architects, builders, contractors and design professionals and provides free estimates, competitive pricing, top quality craftsmanship, stellar customer service and on time professional installation.
Key features of the business: • Solid sales pipeline with order commitments totaling $1.6M through May of 2022 • 8,300 square foot office and warehouse space perfect for expansion • Strong gross profit margin averaging 36 percent • All business is from customer referrals; business could be grown with marketing investment • Growth industry in a wealthy and fast-growing geographic region • Seller who is willing to train and assist the buyer with a smooth transition • Well suited for a contractor, woodcrafter or design professional
ASKING PRICE: $1 Million
2021* — $1,928,428 *for 10 months ending 10/31/21
2020 — $1,694,425
2019 — $2,189,694
2018 — $1,862,539
ADJUSTED CASH FLOW
2021* — $443,057 *for 10 months ending 10/31/21
2020 — $190,753
2019 — $215,071
2018 — $197,480
Ideally Suited for A Buyer Who:
• Has business experience and love woodworking and home improvements • Has a kitchen/bath business outside the area and is looking to expand to the DC market • Has another location in Northern Virginia and wishes to expand its presence
Please Contact: Richard Stopa (RStopa@harvestbusiness.com or 703-307-1187) to discuss this business in more detail.
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to RStopa@harvestbusiness.com.
We will then be able to discuss financial details and other confidential information about the business with you.
Disclosure: We have relied on information provided and approved by seller and make no additional representations or warranties. Buyers should review with their advisors as needed
Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.
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