New
Custom Closet Design & Mfg. Co. in Affluent S. Florida Marketplace
| Category | : | Manufacturing | SIC | : | 3999 | |
| Detail | : | Mfg-Home Accessories | Price | : | 200,000 | |
| County | : | Collier | Down | : | 200,000 | |
| State/Prov | : | Florida | Disc Earn | : | 27,567 | |
| Country | : | USA | Sales | : | 221,456 |
|
The company designs, fabricates, and installs custom closets and other storage enclosures. Their business focuses on various rooms within the home including: • Closets, Garages, Pantries, Living Rooms/Media Centers, Mud Rooms/Laundry Rooms |
| Reason for Sale | : | Retirement |
| General Location | : | Collier County |
| Organization Type | : | Corp 'C' Hours Owner Works: 40 |
| : | Years Established: 8 Years Owned: 8 Emp FT: 3 Emp PT: 0 Mgrs: 2 | |
| Non Compete | : | Miles: 250 Years: 5 Weeks Training: 4 Cost: 0 |
| Operating dys/hrs | : | 9-5 M-F |
| Skills/Licenses | : | N/A |
| Business | : | Is Relocatable: Y Is Home Based: N Is a Franchise: N Is Lender P/Q: N May Qualify For Visa: Y |
| Data Source | P/L Statement | Tax Return | Tax Return | ||
| Year (Cash Flow) | 2023 (N) | 2022 (N) | 2021 (N) | ||
| Gross Revenue | 221,456 | 317,027 | 256,183 | ||
| Cost of Goods | 102,984 | 123,532 | 90,688 | ||
| Gross Profit | 118,472 | 193,495 | 165,495 | ||
| Expenses | 150,987 | 166,690 | 160,693 | ||
| Net | -32,515 | 26,805 | 4,802 | ||
| Owner Salary | 33,000 | 37,401 | 12,467 | ||
| Benefits | 0 | 0 | 0 | ||
| Interest Expense | 0 | 0 | 0 | ||
| Depreciation | 9,582 | 9,582 | 14,835 | ||
| Other | 17,500 | 34,500 | 34,300 | ||
| Discretionary Earnings | 27,567 | 108,288 | 66,404 |
| Accounts Rec | 0 | N* | Real Estate | 0 | N* |
| Inventory | 5,000 | Y* | ___________ | 0 | N* |
| F F & E | 71,500 | Y* | Total Assets | 76,500 | Y* |
| Leasehold | 0 | N* | *Included? |
| Lease/Month: 2,103 | Square Footage: 1,600 | Building Type: industrial park |
| Terms & Options: | Expiration Date: 1/31/2026 |
| 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 |
| KEVIN BRADY | Office | : | (239) 849-9334 | |
| ASSOCIATE | Agent Direct | : | ||
| SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Fax | : | ||
| 2640 GOLDEN GATE PARKWAY, SUITE 204 | Cell | : | (504) 338-9477 |
| NAPLES, FLORIDA 34105 | : | [email protected] | ||
| USA | Home Page | : | sunbeltofflorida.com |
Listed By: Kevin Brady
Background information
Reference:
54563
Reason selling:
Retirement
Finance
Sales:
$264,888
Profits:
$67,329
Profit type:
Discretionary Earnings
Price and terms
Price:
$200,000
Training:
30 days transition