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BUSINESS FOR SALE - PROFILE #  42520011

Fabricator of Fine Custom Cabinets and Countertops
Charlotte, NC

Asking Price: $150,000   Down Payment: $150,000  
Gross Revenue: $335,148   Adj. Cash Flow*: $62,815  
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Executive Summary
This company is a cabinet and countertop fabricator located in Charlotte, NC metro area. This company works with its clients on small projects to large remodels of kitchens and bathrooms ($1,000- $40,000). They have the infrastructure to work with all types of budgets and clients to get the results they are seeking. The company has enjoyed consistent growth over the last few years and currently has a 10-12-week backlog. The custom cabinets and either granite or quartz countertops account for the overwhelming majority of revenue. Their clients are made up of homeowners as well as realtors and designers, referring clients to them for their clients.

Acquisition Highlights

  • This is an excellent opportunity for a new owner to step in and build on the success of the owners who need to return due to health reasons. With a 10-12 week backlog and plenty of capacity within the fabricating infrastructure, this business is poised to see continued success moving forward.
  • Mon-Fri: 7:30-5:00 pm Saturday- By Appointment Only
  • Business has grown over 20% the last two years with a 10-12 week backlog at all times. With continued increase in sales, the bottom line will continue to improve
  • Business is located in a 4000 square foot facility in Charlotte in a small industrial park. The equipment is excellent and there is plenty of capacity to significantly grow the business in its existing space.
  • Company is over 10 years old but has only been owned by current owners for a little over 2 years. They plans of turning around the business and growing it are well underway but health issues are forcing the owners to sell a little earlier than anticipated.
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2014 Inventory: $10,000 Included
Employees: 2 FT, 2 PT Furniture, Fixtures & Equipment: $150,000 Included
Lease/Rent: $2,100 Real Estate:
Building Sq Ft: 4000
    Total Assets Included in Sale: $160,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Adam Petricoff
Phone:  (704) 360-8898
Fax:  (704) 272-4477
Other:  (704) 905-8658
E-mail:  apetricoff@vrcharlotte.com
VR Business Brokers - Charlotte, NC
9301 Monroe Road
Suite L
Charlotte, NC 28270
www.vrcharlotte.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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