Detail information about the listing
Includes shop loaded with equipment and over 1M of work in progress. This firmly established business is highly profitable and well-suited for growth and expansion. The company has designed and built custom cabinetry and delivered kitchen and bath remodels for nearly 30 years.
This reputable operation services homeowners, architects, builders, contractors and design professionals and provides free estimates, competitive pricing, top quality craftsmanship, stellar customer service and on time professional installation.
Key features of the business:
Solid sales pipeline with order commitments totaling 1.6M through May of 2022
Four employees and four contractors
8,300 square foot office and warehouse space perfect for expansion
Strong gross profit margin averaging 36 percent
Fully-equipped shop with forklift, woodworking equipment and finishing equipment — ready to go
All business is from customer referrals; business could be grown substantially with marketing investment
Growth industry in a wealthy and fast-growing geographic region
Seller who is willing to train and assist the buyer with a smooth transition
Well suited for a contractor, woodcrafter or design professional
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REVENUE
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2021 — 2,206,719
2020 — 1,694,425
2019 — 2,189,694
2018 — 1,861,897
ADJUSTED CASH FLOW
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2021 — 594,757 (November 1, 2020 – October 31, 2021)
2020 — 337,634
2019 — 377,391
2018 — 329,800
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Ideally Suited for A Buyer Who:
Has business experience and love woodworking and home improvements
Has a kitchen bath business outside the area and is looking to expand to the DC market
Has another location in the Metropolitan Washington DC area and wishes to expand its presence
Own or work here?
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