Semi-Absentee Custom Door Manufacturer with Retail Home Decor Location - SC2118

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Listed by Business Broker

Asking price $749,000

Cash Flow: $186,041

Gross Revenue: $1,020,000

EBIT DA: No Data

FF&E: $225,000

Inventory: $100,000

Established: 2016

Type: Independent

Business listed by:
Brett Sargent
Sunbelt Business Brokerage of Sacramento
(916)8002090

Business Description:

This Northern California Customer Door Manufacturer is a California Sub-Chapter S Corporation and has been in business the last 6 years under the current owner. They specialize in the manufacturing of customer doors, mostly barn doors in various shapes and sizes. Barn doors are extremely trendy right now, and you can find them in almost any home makeover show and in new construction. They are a great way to maximize the space you have as well as create a unique look. From rustic to industrial, sliding barn doors can fit into all styles of homes. They also provide custom mirror and table manufacturing as well as a variety of accent hardware for your barn doors. They have a showroom showcasing custom doors and tables and well as a minor selection of home décor. Additionally, they have a retail home décor location featuring candles, pillows, frames, throws, baskets, wall art, tables, etc., just to name a few.

Market Outlook/Competition

Growth can be obtained through increased marketing as well as possibly partnering with more local builders for the expansion of sliding barn door installation. They currently do have contracts with several home builders and general contractors in Northern California. In the home décor location, expanding the offerings and inventory available could also lead to further growth. There are currently no major competitors within a 250-mile radius.

Seller Financing Description

Seller financing is available for up to 25% of the purchase price over 5 years at 9% interest. The amount financed being dependent on the price offered and the quality of the Buyer.

Support & Training

Training is available for 4 weeks at 30 hours per week, and additional training and support can be provided at mutually agreed-upon terms between the Buyer and the Seller.

Reason for Selling

The Sellers are selling to pursue other interests.

Detailed information

Year Established: 2016
Home-Based: No
Franchise: No
Relocatable: Yes
Required Licenses:
Is Property Leased: Yes
Real Estate Included: No
Real Estate Available: N/A
Real Estate Value: N/A
Part-time Employees: 1
Full-time Employees: 5
Building Size: 7900sq ft
Monthly Rent: $8,400
Facilities Description:

This business manufacturing operates out of 7,900 square feet of space with the current lease term of 5 years with an option for another 5 years, and they are currently in year 1. Base rent is $7,900, with monthly CAM charges of $500.

Broker: ProEquity Asset Management Corporation License ID: 01870526

Selling Reason:

The Sellers are selling to pursue other interests.

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