| Listing No: BBF-966-53889 | |
| Category | : | Construction | SIC | : | 1751 | |
| Detail | : | Contractor Cabinets | Price | : | 650,000 | |
| County | : | Lee | Down | : | 650,000 | |
| State/Prov | : | Florida | Disc Earn | : | 119,431 | |
| Country | : | USA | Sales | : | 906,724 |
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This business has specialized in high end custom cabinetry for 10 years. They take clients ideas and turn them into reality. From inital consultation and design to walk through after installation they have created some of the most beautiful kitchens and bathrooms in SWFL. They saw a downturn during COVID due to supply chain issues but the business has bounced back nicely in 2023 with supply chains no longer being an issue and lead times returning to normal. |
| Reason for Sale | : | RETIREMENT |
| General Location | : | SWFL |
| Organization Type | : | Corp 'Sub S' Hours Owner Works: 40 |
| : | Years Established : 10 Years Owned: 10 Emp FT: 1 Emp PT: 0 Mgrs: 0 | |
| Non Compete | : | Miles: 150 Years: 3 Weeks Training: 2 Cost: 0.00 |
| Operating dys/hrs | : | M-F 9-5pm |
| Skills/Licenses | : | General Business |
| Business | : | Is Relocatable: Y Is Home Based: N Is a Franchise: N Is Lender P/Q: N May Qualify For Visa N |
| Data Source | P/L Statement | P/L Statement | P/L Statement | ||
| Year (Cash Flow) | 2022 (N) | 2021 (N) | 2020 (N) | ||
| Gross Revenue | 906,724 | 960,270 | 1,136,124 | ||
| Cost of Goods | 570,666 | 574,040 | 529,364 | ||
| Gross Profit | 336,058 | 386,230 | 606,760 | ||
| Expenses | 222,935 | 170,578 | 113,555 | ||
| Net | 113,123 | 215,652 | 493,205 | ||
| Owner Salary | 0 | 0 | 0 | ||
| Benefits | 3,667 | 0 | 0 | ||
| Interest Expense | 0 | 0 | 0 | ||
| Depreciation | 2,641 | 2,641 | 2,736 | ||
| Other | 0 | 0 | 0 | ||
| Discretionary Earnings | 119,431 | 218,293 | 495,941 |
| Accounts Rec | 0 | N* | Real Estate | 0 | N* |
| Inventory | 0 | N* | ___________ | 0 | N* |
| F F & E | 50,000 | Y* | Total Assets | 50,000 | Y* |
| Leasehold | 0 | N* | *Included? |
| Lease/Month: 3,500 | Square Footage: 3,000 | Building Type: Business Condo |
| Terms & Options: 1 year with options | Expiration Date: 3/31/2024 |
| Loan/Assumable | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Seller | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Other | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 |
| GREGORY T. BELL | Office | : | (239) 849-9334 | |
| ASSOCIATE | Agent Direct | : | (913) 226-7735 | |
| SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Fax | : | ||
| 2640 GOLDEN GATE PARKWAY, SUITE 204 | Cell | : | (913) 226-7735 |
| NAPLES, FLORIDA 34105 | : | [email protected] | ||
| USA | Home Page | : | sunbeltofflorida.com |