SEMI-ABSENTEE OWNER CUSTOM DOOR MANUFACTURER WITH RETAIL HOME DECOR LOCATION - SC2118
Interior Design Businesses for Sale
- Primary Category: Construction Businesses for Sale
- Secondary Category: Window & Door Businesses for Sale
This Northern California Customer Door Manufacturer is a California Sub-Chapter S Corporation and has been in business the last 6 years under the current owner. They specialize in the manufacturing of customer doors, mostly barn doors in various shapes and sizes. Barn doors are extremely trendy right now, and you can find them in almost any home makeover show and in new construction. They are a great way to maximize the space you have as well as create a unique look. From rustic to industrial, sliding barn doors can fit into all styles of homes. They also provide custom mirror and table manufacturing as well as a variety of accent hardware for your barn doors. They have a showroom showcasing custom doors and tables and well as a minor selection of home décor. Additionally, they have a retail home décor location featuring candles, pillows, frames, throws, baskets, wall art, tables, etc., just to name a few.
Financial Information
- $975,000 Asking Price
- $186,041 Cash Flow
- $1,020,000 Gross Revenue
- $731,250 Down Payment
- Yes Financing
Business Location
- City: Northern California
- State: California
Financing Comments
- Seller financing is available for up to 25% of the purchase price over 5 years at 9% interest. The amount financed being dependent on the price offered and the quality of the Buyer.
Reason for Sale
- The Sellers are selling to pursue other interests.
Detailed information
- Year Established: 2016
- Home Based: No
- Franchise: No
- Relocatable: Yes
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 5
- Part-Time Employees: 1
- Contractors: N/A
- Owner Worked Hours/w: 20
- Adjusted EBITDA: $126,848
- Inventory Included: Yes
- Inventory Value: $100,000
- Monthly Rent: $13,750
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Building Size: 12900
- FF&E Included?: Yes
- FF&E Value: $225,000
Training/Support
- Training is available for 4 weeks at 30 hours per week, and additional training and support can be provided at mutually agreed upon terms between the Buyer and the Seller.
Facilities
- This business manufacturing operates out of 7,900 square feet of space with the current lease term of 5 years with an option for another 5 years, and they are currently in year 1. Base rent is $7,900, with monthly CAM charges of $500. The retail location is approximately 5,000 square feet with a 5-year lease and 5-year option, and they are currently in year 3. Rent at this location is $5850 on a gross lease.
Market Outlook/Competition
- Growth can be obtained through increased marketing as well as possibly partnering with more local builders for the expansion of sliding barn door installation. They currently do have contracts with several home builders and general contractors in Northern California. In the home décor location, expanding the offerings and inventory available could also lead to further growth. There are currently no major competitors within a 250-mile radius.
Business Listed by
Brett Sargent
Sunbelt of SacramentoContact Business Broker
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