Manufacturing Businesses For Sale – BizBuySell

Cabinet Manufacturer: Commercial & Residential, Est. 40+ Years

Los Angeles County, CA

Established in 1982, this cabinet manufacturing company has survived the test of time. The company is being listed for sale due to the owner’s desire to retire. The company had its humble beginning with its inception in the owner’s garage, which has now grown to average revenues of approx. $5MM, with 2022 revenues of $5.3MM+ and anticipated SDE of $600k+. The company manufactures precision custom-made commercial & residential cabinets & countertops using state-of-the-art technologies & controlled manufacturing environment. The company ships nationwide and does full interior remodeling locally in southern california. The company is CSLB licensed, bonded & insured. The company is well established and holds a great reputation for the quality of its work as well as the service it provides to its customers. Being established for over 4 decades, the company has learned with time best practices to not only survive, but to thrive in different market conditions & to manage a well-balanced customer portfolio of residential & commercial clients, private & public works. The company prefers working as a subcontractor, hence eliminating the need to bid directly for the project. This is however an opportunity for a buyer who wishes to scale operations by directly bidding for the work or a current contractor to bring this work inhouse. The company works directly with the CDC & Housing Authority. The company maintains a full team of back & front office staff (foreman, draftsmen, scheduler, estimator to name a few key positions) which will be of great benefit for a smooth transition. The current team can provide a great foundation for a buyer who intends to grow the business as well as a strategic buyer who can add value to their current operations by not acquiring business, but talent as well. The owners are willing to assist with smooth transition, with one of the owners willing to stay with the company for a relatively longer period. The type of residential projects the company performs are (but not limited to): kitchen, vanities, entertainment, garage cabinets and more for residential properties. As for commercial projects, the company performs jobs such as: countertops, frontdesks, commercial buildings, hotels, government offices, medical clinics, apartments (new as well as old) etc. Some of the many low hanging fruits that can help with growth the owners believe are expansion of its facility, machineries, estimators and additional employees. The business can also additionally implement a variety of other services which the owners will discuss in detail other ideas with the buyer. The business has established systems in place that would cover everything from lead generation, designing, accounting, manufacturing as well as installing the cabinets. Due to the history and its reputation, the business has repeat customers and it generates new leads consistently. The sellers believe that they have established the business and built a foundation for a new owner to build upon and achieve greater success. It is time for a new owner to take charge and drive growth for another 40+ years.

$1,100,000

Cash Flow: $600,000