MANUFACTURER OF WOOD AND PLASTIC LAMINATE CABINETRY
(Construction Related, Construction Related, Construction-Specialty Trades; Manufacturing, Custom Architectural Woodwork/Mi)
Suffolk County, New York
Listed Price: $ 395,000
Listing ID: XC2220510
Listing DetailsDown Payment: $ 200,000
Gross Revenue: $ 800,000
Cash Flow: $ 160,000
FFE: $ 150,000 (Included in Price)
Inventory: $ 5,000 (Included in Price)
Form of Ownership: S Corp
Reason for Sale:
RETIREMENT
Training & Support:
SELLER WILL COMPLETELY TRAIN
Listing SummaryBusiness Description:
Manufacturer of wood and plastic laminate cabinetry, established in 1986 and operating in a 7,000 square foot facility in western Suffolk county NY. Specialties include reception desks, nurses stations, library circulation and reference desks, custom bars, conference tables, decorative wall panels, cabinetry for office build outs such as work stations and pantries. Industries served include, banks, hospitals, hospitality, fire houses, libraries, corporate headquarters, schools, malls. auto dealerships, medical offices, and any application requiring custom cabinetry.
Historical Summary:
The facility is currently being utilized at less than 50% of capacity. There is significant growth potential, partially due to improving local economy, and the closure of a large number of competitors during the recent economic slowdown.
Owner Qualifications:
EXPERIENCE HELPFUL
Competition:
LITTLE
Potential Growth:
The facility is currently being utilized at less than 50% of capacity. There is significant growth potential, partially due to improving local economy, and the closure of a large number of competitors during the recent economic slowdown.
Financing/Terms:
NEGOTIABLE
LocationLease Expire: 0000-00-00
Option: NEW LEASE AVAILABLE
Lease Security: 0
Square Footage: 7000
Facilities:
Manufacturer of wood and plastic laminate cabinetry, established in 1986 and operating in a 7,000 square foot facility in western Suffolk county NY. Specialties include reception desks, nurses stations, library circulation and reference desks, custom bars, conference tables, decorative wall panels, cabinetry for office build outs such as work stations and pantries. Industries served include, banks, hospitals, hospitality, fire houses, libraries, corporate headquarters, schools, malls. auto dealerships, medical offices, and any application requiring custom cabinetry.
OperationYear Established: 1986
Days & Hours of Operation: 8-4 M-F
Owner Hours: 20
Employees: Full Time: 6
Managers: 1
Absentee Owner: No