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Closet and Shelving Business Serving Builders in Hot Real Estate Area


 
Listing No: BBF-966-54146  
   

Category :  Construction SIC :  1521  
Detail :  Contractor Closets Price :  600,000  
County :  Collier Down :  600,000  
State/Prov :  Florida Disc Earn :  375,267  
Country :  USA Sales :  462,155  

Business has been providing top quality closets and shelving for the top builders (27 builders and contractors) in the area for 26 years. The current owner conducts the sales, design, and installation of the products. The business is run very efficiently with one installer to assist the owner. Profit margins are high (around 40%) and the business shows no signs of slowing down. This business is primed for a new owner and possible expansion of services.

The market continues to grow with new home builds and renovations continuing constantly. The area continues to grow with an increase in population and need for new homes. There is competition out there but this business has a very steady customer base with projects going on constantly.


Reason for Sale :  RETIREMENT
General Location :  SWFL
Organization Type :  Corp 'Sub S'     Hours Owner Works: 40
  :  Years Established: 26  Years Owned:  10  Emp FT:  1  Emp PT:  0  Mgrs:  0
Non Compete :  Miles:  150  Years:  5  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 Tax Return      
Year (Cash Flow) 2022 (N) (N) (N)    
Gross Revenue 462,155 0 0  
Cost of Goods 242,151 0 0  
Gross Profit 220,004 0 0  
Expenses 176308 0 0  
Net 43696 0 0  
Owner Salary 111,800 0 0  
Benefits 37,425 0 0  
Interest Expense 0 0 0  
Depreciation 6,038 0 0  
Other 0 0 0  
Discretionary Earnings 187,959 0 0  

Accounts Rec 0 N* Real Estate 0 N*
Inventory 0 N* ___________ 0 N*
F F & E 30,000 Y* Total Assets 30,000 Y*
Leasehold 0 N*   *Included?  

Lease/Month: 675 Square Footage: Building Type: industrial
Terms & Options:   Expiration Date: 10/31/2024

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
 


Listed By: Greg Bell

Background information

Reference:

54146

Year established:

1997

Reason selling:

Retirement

Finance

Sales:

$462,155

Profits:

$187,959

Profit type:

Discretionary Earnings

Operations

Employees:

1 FT

Equipment:

1 Van and tools

Inventory:

N/A

Furniture fixtures and equipment:

Included in sale

Premises

Facility:

Industrial Unit

Rent and lease terms:

Upon Request

Location:

SWFL

Opportunities

Growth:

Business has grown every year for the past 4 years.

Market:

Strong real estate market with more homes being built and renovated.

Price and terms

Price:

$500,000

Down payment:

$400,000

Financing:

Seller is wiling to discuss a note for right offer and buyer

Training:

Owner is willing to train for up to 2 weeks at no cost. Longer can be discussed with the owner.