This business has specialized in high end custom cabinetry for 10 years. They take clients ideas and turn them into reality. From initial consultation and design to walk through after installation they have created some of the most beautiful kitchens and bathrooms in SWFL. They saw a downturn during COVID duie to supply chain issues but the business has bounced back nicely in 2023 with supply chains no longer being an issue and lead times returning to normal.
Financial Information
$550,000
Asking Price
$197,211
Cash Flow
$1,250,880
Gross Revenue
Negotiable
Down Payment
Yes
Financing
N/A
Adjusted EBITDA
Business Location
City:
Confidential
State:Florida
Financing Comments
The seller is open to a small note for the right buyer and the right offer.
Reason for Sale
Retirement
Detailed information
Year Established:2013
Home Based:No
Franchise:No
Relocatable:Yes
Lender Prequalified:Yes
SBA Prequalified:Yes
Full-Time Employees: 1
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:40
Inventory Included: Yes
Inventory Value:
N/A
Monthly Rent:
$3,500
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 3000
FF&E Included?: Yes
FF&E Value: $50,000
Training/Support
2 weeks of training and transition from the seller
Facilities
They rent a business condo with a beautiful showroom, offices, and a warehouse. The facility is 3000 sq ft and has all the room the business needs.
Market Outlook/Competition
There is competition in the market for cabinetry but this business offers high end exclusive lines that very few businesses can match or even carry. The market in the SWFL area continues to accelerate with new residents and many remodeling cycles going on in the community. Hurricane Ian has also moved the timeline up for many clients that were impacted. The market for SWFL looks strong for many years to come.
Real State Description
Beautiful showroom that allows for clients to see what they are capable of and the quality of installation and craftsmanship. They also have offices and a warehouse to store product for projects.
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