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Home » Businesses For Sale » Furniture & Related Products » Southeast States » Listing BFS-177591

Manufacturer of Commercial Laminated Cabinetry

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Location

  • CityNot Disclosed
  • StateNot Disclosed
  • Region Southeast States
  • CountryUnited States

Not Relocatable

Real Estate Included

Financials

  • Asking Price
  • Sales
  • Profits
  • Profit Type
  • Fiscal Year

Deal Terms

  • Business Is A Franchise?
  • Management Will Stay?

Our firm is representing for sale, on an exclusive fee paid basis, a manufacturer of cabinets, counters, files, store fixtures, workstations, desks and personal living quarters in high quality plastic laminate.

The company is based in a major city in the Southern US and was founded over 20 years ago.

The company operates out of a state of the art manufacturing facility and services the education, commercial, medical and government markets.

The company has a long history of consistent performance. In the last 3 years it has averaged $8,530,000 in sales and $1,267,000 in restated EBITDA (earnings before interest, taxes, depreciation and amortization).

The company has 54 employees and an experienced management team. It has financial statements and excellent business systems in place.

The company is at a point where it can be taken to a much bigger level, and there is a clear path to achieve that goal.

The company is owned 60% by the President / founder of the business and 40% by a financial partner. The 40% partner, who is not involved in the day-to-day operations of the company, desires to retire.

The President would like to gain liquidity and, at the same time, secure the resources to enable the company to realize its full potential.

The President and full management team would like to remain and be a part of the company's future.

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