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Custom Cabinet ManufacturingNE, OH Listing #9002114 This company is a leader of custom cabinetry in Northeast Ohio. They design and manufacture beautifully hand-crafted custom kitchen and bathroom cabinetry, as well as desks, bookshelves, showcases and entertainment centers. The individual homeowner represents approximately 75% of their business, with an additional 25% representing a mix of work for contractors and new home construction. Like so many other businesses, this company has experienced a decline in 2009 and early 2010 as a result of the recession. Fortunately, the company has been able to weather the storm and is perfectly poised to rebound as the economy recovers. | Financial Information Asking Price: $325,000 Accounts Receivable: N/A Accounts Payable: N/A Furniture, Fixtures, & Equipment: $123,214 Inventory: $20,000 Financing: Negotiable Gross Revenue: $384,986 Cash Flow: $130,144 - 3 year average | General Information Year Established: This company has been in business for over 50 years. Employees: 6 f/t and 1 p/t Facilities: Approximately 7,300 sq. ft. which includes office, showroom and factory. | Market Outlook
| About the Sale Support/Training: Negotiable Reason Selling: Pre-retirement,diversify. | If you would like more information on this business, please email us at info@burnsadvocates.com. Please refer to the Listing # in your subject line.
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Burns & Associates, Inc. • 56 Milford Drive, Suite 204 • Hudson, OH 44236 (330) 650-9000 Office • (330) 650-9030 Fax • info@burnsadvocates.com | |
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