Excellent opportunity to follow in the footsteps of one of the premier manufacturers of kitchen countertops and cabinets.
The workshop consists of an adequate number of tables and saws and other equipment and tools necessary to perform this type of manufacturing.
It should be anticipated that the existing employees who are not aware of the sale will remain after the sale to new management.
The installers should also stay when under new management. The owner will not be relocating. To whatever extent he can lend his expertise and networking, contacts, he’s willing to do so.
Sales have been consistent, steady with little impact from Covid. The existing building is owned by owner of business and is available for sale or lease. Another option is for everything to be transferred to a new location and facility. Inventory $20,000. Real Estate $350,000. EBITA $130,000. FF & E $20,000.
The owner’s health is stable, but his age is catching up to him. These factors are reasons for the sale. He’d like to sell this business before he is no longer able to be of help to new owner.
This business has potential for expansion by adding new lines, more employees or additional inventory. Extending hours would create another opportunity for growth. Asking $250,000.