Primary Category:Cabinet Contractor Businesses for Sale
Secondary Category:Woodworking Businesses for Sale
This Northern California based customer millwork company is a California Sole Proprietorship that has been in operation for the past 47 years, since 1976, under ownership of the founder. Specializing in custom millwork and cabinetry for the restaurant and bar industry, this business needed no marketing as they are the go-to for several high-end restaurants in Northern California. Going with the sale will be all the commercial machinery, inventory, list of customers and training. A C6 contractor’s license is needed for this business.
Financial Information
$175,000
Asking Price
$65,000
Cash Flow
$150,000
Gross Revenue
$175,000
Down Payment
Business Location
City:
Confidential
State:California
Reason for Sale
The Seller is selling to enter into retirement.
Detailed information
Year Established:1976
Home Based:Yes
Franchise:No
Relocatable:Yes
Lender Prequalified:No
SBA Prequalified:No
Part-Time Employees:N/A
Contractors:1
Owner Worked Hours/w:20
Adjusted EBITDA:
On request
Inventory Included: Yes
Inventory Value:
$7,500
Monthly Rent:
N/A
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
FF&E Included?: Yes
FF&E Value: $85,000
Training/Support
The Seller is willing to provide training at 20 hours per week for 4 weeks for the new Owner. Additional training from current owner can be made available at a mutually agreed upon cost to the new Owner.
Market Outlook/Competition
The Millwork industry market size, measured by revenue, of the Millwork industry was $34.9 billion in 2022. The market size of the Millwork industry in the US has grown 2.0% per year on average between 2017 and 2022. The market size of the Millwork industry in the US remained steady compared to the economy overall.
This long-established residential, commercial, and multi-family HVAC service company in Northern California is a Sub-Chapter S Corporation and is under...