| Asking Price |
$98,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$473,896 | Real Estate |
|
| Cash Flow |
$29,318 | Year Established | 2003 |
| FF&E |
$60,000* | Employees | 4ft, 1pt |
* included in the asking price
** not included in the asking price
This cabinet shop began in 2003 and has continued to grow and prosper in the manufacturing of custom kitchen cabinets, entertainment centers, custom furniture, and other wood products. Most of their work is with hardwoods for residential applications, however, with the recent acquisition of new equipment, the company has begun to make a great start into commercially based laminated type products. Although they are a small but growing cabinet and furniture shop, they specialize in unique kitchen and bathroom cabinetry, entertainment centers, wood shelving and bedroom and kitchen furniture. The owner works full time in the business along with a shop supervisor, 2 cabinetmakers, and a spray booth operator. The 2,800 sq. ft. shop is clean and well equipped for any type of custom manufacturing of wood products. Their website displays pictures of the many products that have been manufactured and their capabilities. The seller would like to remain with the company as a cabinetmaker after a sale.
Facilities: 2,800 sq. ft. shop/warehouse space leased at $1,750 per month. One year remains on the lease with options to renew. It is located in an industrial center close to downtown eagle and includes an upstairs office, showroom, shop, spray booth, and garage door.
Competition: There are several cabinet shops in the valley, but most of them manufacture standard mass-produced products that are seen everywhere. This shop manufactures custom products for the customer demanding something special.
Growth/Expansion: With the recent purchase of an edge-bander, the company is just starting to capture commercial projects. This $30,000 purchase should give the company a big boost in sales. The equipment was purchased on a 5 year lease, with payments of $1,173 per month. Assumption of this lease could be part of the purchase price.
Financing: Negotiable
Support/Training: Seller will provide support and training for as long as a buyer would desire. He is also willing to stay on as a cabinetmaker for an extended period.
Reason Selling: Seller would like to stay on as an employee while he attends college to complete

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