DescriptionAre you ready to invest in a company with a solid reputation, proven resilience, and significant growth potential? This full-service custom cabinetry business, established in 1985, based in Silicon Valley, California, is your opportunity to own a highly respected company in the industry. Renowned for its unwavering commitment to high-quality craftsmanship and exceptional customer service, this business has earned the trust of clients and the admiration of industry professionals.
Business Operation and Financial Performance: The company has maintained a stable financial performance and weathered many economic challenges like the dotcom bubble, the 2008 financial crisis, and the COVID pandemic, showcasing its resilience. The company’s average sales for the last 4 years were $885,288 with average SDE/cash flow of $313,178. Profitability has been consistently above 30% with an average of 35% for the last 4 years.
Marketing and Customer Base: Currently, the company relies on referrals from satisfied clients, interior designers, and contractors, without a formal advertising program. This word-of-mouth marketing strategy has been effective in building a loyal customer base. Typical customers are homeowners in the Bay Area, often referred by trusted interior designers and contractors.
Reputation and Reviews: The company maintains an impressive 4.8-star rating on Yelp, reflecting its dedication to quality work and excellent customer service. The company has earned a sterling reputation within the industry and built lasting trust with its clients through consistently delivering high-quality craftsmanship and exceptional customer experiences.
Employee and Location: The company has one full-time employee who can build and install the cabinets. He has been with the company for 11 years and intends to stay. The company is in an industrial building in the heart of Silicon Valley. It occupies 3,200 sq. ft. of the building and has been operating in this space since 1985.
Training and Transition: To ensure a smooth transition, the Seller will offer a generous free training to the Buyer for 12 weeks, with a maximum of 20 hours per week, after the sale closes. Additional training can be negotiated for a fee between the Buyer and the Seller.
This business is priced reasonably at $625,000 including $187,300 FF&E. With its strong foundation, proven resilience, and untapped growth potential, this is an exceptional investment opportunity. Seize the chance to own a trusted name in the custom cabinetry market and drive its future success.
Market & CompetitionSilicon Valley's booming real estate market and high-income population drive demand for custom cabinetry in residential and commercial spaces. Homeowners and businesses seek high-quality, custom solutions to enhance their properties.