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Businesses For Sale   >>   Furniture Manufacturing Businesses For Sale

Cabinet Manufacturer & Installer - Gov't Contracts

Location  California,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $6000000
Net Profit / Cash Flow  $480000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2002
Number of Employees  50 - 99
Relocatable  Not Disclosed
Number of Employees  50 - 99
Real Estate  Leased
Training  4 weeks, 20 hours per week
Reason for Sale  Retirement

Description  
This state-of-the-art millwork facility business is located in the San Gabriel Valley area in a 30,000 sq. feet facility. This facility is equipped to handle large volume projects. They manufacture and install cabinets. 75% of the business comes from Public Works projects. Customers include Lax airport, Universities, Schools, hospitals etc. The business is split into 2 companies. Manufacturing and Contracting. Contracting business is union shop and therefore they can bid on city, county jobs etc. Manufacturing is non-union. Over 60 employees. Established over 11 years. This is a very well-run business. Owner is retiring but will stay on for 2 to 3 years to run the business for the buyer for a compensation. Working capital requirement is about $1,500,000. They refuse a lot of business because of lack of capital. This business can be doubled in sales within a very short period of time with proper working capital. Perfect business for people wanting to immigrate to U.S. on EB1 or EB 5 visa specially from China. For more information, please contact Ved Sajnani at (714) 904-8457 with Listing ID LA3600.


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