Status: Active
10 Year Cabinetry Business with Exclusive Lines - Listing #: 53889

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  

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 :   [email protected]  
USA Home Page :   sunbeltofflorida.com