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Closet Manufacturer & Installer Company
Location: United States -> Hawaii
Industry: Manufacturing > Furniture Manufacturing




Business Summary

One of Hawaii's premier closet and storage design, manufacturing and installation companies is for sale due to the retirement of the owners. They are a fully integrated supplier of custom designed storage systems to the consumer, commercial and home construction market, and their products include closets, home offices, entertainment centers, kitchens, and retail space, etc.
They hold a very large market share and have become the number one supplier in their market based on over 20 years of providing great customer value and service. This has resulted in excellence brand awareness and preference.
The maintain a large pipeline of both fully contracted projects and projects in the bidding process which will be transferred to the buyer at closing.
This easy to run business is being sold on a totally turnkey basis including all manufacturing and installation equipment, vehicles, contracted backlog and intangible property like trade name, website, etc.
Sellers will provide some financing, an agreement not to compete and needed training/orientation to the buyer.

BUSINESS HIGHLIGHTS

- Over 20 years in the Hawaii market building a great brand name based on high quality and customer service.
- #1 market share
- Excellent profit margins: Gross Margin over 69% and SDE margin over 14%
- Experienced sales and operating team not dependent on owners
- Good historical revenue growth and excellent future growth prospects
- Productive and well-ordered manufacturing and installation operation
- Easy and fun to operate – only 12 employees
- Allows owners to use their creativity to make customers happy
- Offered full turnkey with all equipment, contracts in place and vehicles.
- Large contracted backlog – to be assigned to buyer
- Earn enough cash flow so Owners can really enjoy all that Hawaii has to offer.

Contact Tom for more information.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,083,400
Cash Flow:   $154,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $215,000
Seller Financing:  No

About The Business

Year Established:  2004
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  Retirement

Photos

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Closet Manufacturer & Installer Company Photo 1 Closet Manufacturer & Installer Company Photo 2




Print Listing Id: 700276736
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Also See: Franchise Opportunities > Franchise Resales > Hawaii Businesses For Sale > Hawaii Franchises For Sale > Hawaii Business Brokers



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