Status: New
Cabinet & Countertop Business in Hot Market - Listing #: 57382

Category :  Construction SIC :  1751  
Detail :  Contractor Cabinets Price :  700,000  
County :  Confidential Down :  700,000  
State/Prov :  Florida Disc Earn :  212,558  
Country :  USA Sales :  1,490,000  

Established custom cabinet and counter business that has a proven track record for over 20+ years. This business has shown growth YoY since inception, without any advertising or marketing. Business relies heavily on word of mouth and reputation and it show!

The business offers custom cabinetry and countertops, remodels with installation and assembly. CAD modeling/templating is done for measuring the job, job is order, cabinets are either in stock or orders are placed and received within days, job is scheduled and then complete. All payments are collected before the job is complete. Work outside of the business location is all Contracted.

This is a unique opportunity as this business CAN be run absentee is so desired. Floor manager and office manager are capable of handling a good amount of the work. Most jobs are received and bid via email and communication is mostly done via phone or email. Seller even has proprietary Quartz designs not available to any other business and all accounts are 100% transferable with Vendors/Suppliers.

Value is based on a 3 year average. However, given the business benefited from Hurricane Ian in 2022, 2023 was weighted lower when calculating the value of this business. As you will see, the consistency of the business for 2022 and 2024 are within acceptable parameters and the business can shows this consistent trend from years forward as well.

 

Reason for Sale :  Retire - Move
General Location :  SWFL
Organization Type :  Corp 'Sub S'     Hours Owner Works: 40
  : Years Established: 15  Years Owned:  25  Emp FT:  5  Emp PT:  1  Mgrs:  1
Non Compete :  Miles:  100  Years:  5  Weeks Training:  4  Cost:   $0
Operating dys/hrs :  M-F 7am-3:30pm
Skills/Licenses :  Business, GC or qualifier
Business :  Is Relocatable: N    Is Home Based: N    Is a Franchise: N    Is Lender P/Q: N    Should Qualify For Visa: Y

Data Source P/L Statement Tax Return    
Year (Cash Flow) 2024 (N) 2023 (N) (N)  
Gross Revenue 1,490,000 2,356,008 1,259,709  
Cost of Goods 859,184 1,584,961 852,339  
Gross Profit 630,816 771,047 407,370  
Expenses 460,067 491,548 301,145  
Net 170,749 279,499 106,225  
Owner Salary 0 0 0  
Benefits 0 0 0  
Interest Expense 0 0 0  
Depreciation 0 22,107 28,912  
Other 41,809 24,515 25,400  
Discretionary Earnings 212,558 326,121 160,537  

Accounts Rec 0 N* Real Estate 0 N*
Inventory 165,000 Y* Assets and Equipment 108,500 Y*
F F & E 10,000 Y* Total Assets 283,500 Y*
Leasehold 0 N*
*Included?  

Lease/Month: 3598 Square Footage: 5200 Building Type: Warehouse
Terms & Options: Negotiable Expiration Date: 12/31/2026
JASON BROOKS Office :  (855) 969-3534  
ASSOCIATE Fax :    
  Home :    
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS Cell :  (239) 357-7073  
2640 GOLDEN GATE PARKWAY, SUITE 204        
NAPLES, FLORIDA 34105 Email :  jbrooks@sunbeltnetwork.com  
USA Home Page :  sunbeltofflorida.com