Absentee ownership 20 yr Established Closet-Cabinet Manufacturer
Listing Number: 3353-745294
Listing Details
- Down Payment: $1,750,000
- Sales: $2,143,100
- Seller's Discretionary Earnings: $519,571
- Inventory: $10,000
- Furniture, Fixtures, and Equipment: $375,000
- Rent: $11,558
- Employees: 15
- Year Established: 20
- Reason for Selling: Personal
Business Description
20 yr Established Closet-Cabinet Manufactured in the USA, Over 250K New Manufacturing Equipment Will entertain a strategic partner The company designs Closet and Cabinets, State of the art manufacturing equipment builds and installs closets, cabinets, libraries, media centers, home offices, wall beds and garage storage .They have been in business 20 years. 2022 they expanded to a Modern high-end showroom 3,000 Sq Ft Showroom from 1,500 Sq Ft and went from 1,800 Sq Ft to 2,700 Sq Ft. of warehouse storage, Employees are well versed and trained In the industry Perfect Opportunity for E-2 visa Cost of goods will go down dramatically they're manufacturing their own closets and cabinets in 2025, Seller is projecting Savings of $200,000 just from Custom Closets production Division Only ,Without Any Potential New Cabinet Jobs The company designs Closet and Cabinets, State of the art manufacturing equipment builds and installs closets, cabinets, libraries, media centers, home offices, wall beds and garage storage .They have been in business 20 years. 2022 they expanded to a Modern high-end showroom 3,000 Sq Ft Showroom from 1,500 Sq Ft and went from 1,800 Sq Ft to 2,700 Sq Ft. of warehouse storage, Employees are well versed and trained In the industry Perfect Opportunity for E-2 visa Cost of goods will go down dramatically they're manufacturing their own closets and cabinets IN 2025