Business For Sale Listing 135988
Niche High End Custom Entry Door Company For Sale
Status as of Dec-1-2008 at 06:03 PM: Active
Business Summary
Niche High End Custom Entry Door Company is for sale for $599,000. This company provides standard in stock options, unique custom doors, supplies & installs wrought iron, hard wood & decorative glass combinations. Average selling price for their product is $5,200. This business has a potential for 50% plus margins. They buy one step direct from most of the vendors both nationally & internationally. The company has an impressive comprehensive website that directs business to the store but is not personally owned by this company. Company is two years into growing this business in an incredible growth market. First year alone brought in revenues of over $700,00. Currently they are fast approaching $1.2 million for their second year since opening & have firmly set their sites on being a $3,000,000 a year company. For the first two years owner has been focused on building their team & states that they now have all their bases covered, management sales, book keeping & quality installs. Assets included in the sale & totaling approx. $28,000 are a 2000 Ford Expedition, 2004 Dodge Ram Extended Cab, 16ft. trailer tools & equipment, plus receivables presently at $141,000. Approx. value of inventory is $40,000 & fixtures, furniture & equipment is $50,000. Located in Charlotte, North Carolina in 2 leased facilities comprising of showroom & warehouse which cover total of 4,000 sq.ft. Real estate here is still considered reasonable & growing in value at rate of 10%, unlike other parts of the country. Population is steadily growing & projected to continue over the next ten years. Charlotte's economy is strong, based on banking primarily. Residents believe the weather here is close to perfect, due to the presence of the four seasons with seldom snow accumulation. Mountains are 90 minutes away & beaches are 3 hours. The north east & south east population are moving to this region in droves. Great business with promising future. Contact now for more in-depth information.
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million (1,100,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (250,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Between $500 Thousand and $1 Million (599,000) |
