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PDFConfidential
Listing ID:
VENTUCA001-N839
VENTUCA001-N839
Confidential, California, United States
Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to ManufacturersListing Status: Active
The following broker is assigned to this listing:
Bonaventure Wakam
bwakam@khaminc.comCell: (805) 907-0780
Description
This Company is unique in having state-of-the art software programs and equipment for a company of its size. The company produces high end woodwork and cabinetry for offices and kitchens serving residential and commercial customers. The company’s computer systems and software programs and equipment such as routers, enables the company to generate complex designs and fabricate exotic and complex designs for their high-end Santa Barbara clientele. The quality of work is unsurpassed by none of the competition. The company does work for major contractors. The employees are long term, very experienced and they take a lot pride in their work. The owner carries a C-6 contractor license because they perform installation of their products. Some of the installation is sub-contracted. Seller is willing to stay on to assist the new owner for a period of time after closing. The profits are much higher in 2010 and YTD 2011 because of productivity improvements and efficiency gains throughout the entire operation.
Financials
| Asking Price: | $675,000 |
|---|---|
| Revenue: | $878,387 |
| Cash Flow: | $224,765 |
| Downpayment: | $675,000 |
| Monthly Payroll: | $27,700 |
| FF&E Asking Price: | $245,000 (Included in Asking Price) |
| Inventory Asking Price: | $15,000 (Included in Asking Price) |
| Financing Available? | No |
Property
| Type: | Leased |
|---|---|
| Building Size: | 5038 sq ft |
Other
| Franchise? | No |
|---|---|
| Homebased? | No |
| Relocatable? | No |
| Year Established: | 1993 |
| Year Acquired: | 2006 |
| Full-Time Employees: | 5 |
| Part-Time Employees: | N/A |
| Reason For Sale: | Change of focus |