Business For Sale Listing 153835
Commercial Mill & Cabinet Manufacturer
Status as of Dec-1-2008 at 05:59 PM: Active
Business Summary
For over 20 years, this business has built cabinetry for non-residential customers such as hospitals, schools, libraries, hotels, etc. They have grown into a company of 27 employees with 2007 sales of $2.5MM. They are housed in a spacious, 15,000 square foot facility with all the latest in machinery, tools, and technology, and they ship product to a large and growing regional market with no significant client concentration issues. In 2007, they acquired the necessary equipment to manufacture their own counter tops, which enabled them to stop outsourcing this work, and thereby increase overall profitability. Sales continue to grow, with the first 7 months of 2008 delivering $1.5 million in sales and $301K in EBITDA. Margins have also markedly increased due to the policy implementations of a new General Manager. The property is for sale along with the business, and the seller also owns and is willing to sell an adjacent vacant one acre lot. Seller financing is negotiable for a qualified buyer.
Categories
| Industry: |
Manufacturing Businesses For Sale Furniture Manufacturers For Sale |
|---|---|
| Location: |
Mountain States Businesses For Sale United States Businesses For Sale |
| Other: |
Small Businesses For Sale |
Industry
| Sector: | Manufacturing |
|---|---|
| Industry: | Furniture & Related Products |
Location
| Classification: | United States // Mountain States |
|---|
Financials
| Sales: | Between $2.5 Million And $5 Million ($2,557,685) |
|---|---|
| Profits: | Between $100 Thousand and $500 Thousand ($192,400) |
| Profit Type: | Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Fiscal Year: | 2007 |
| Asking Price: | Between $2.5 Million and $5 Million ($4,300,000) |
