Details - Information last confirmed on May 25, 2021
This business is a gem. Based in north of Boston and mainly serves the Boston metro-area, this small yet venerable custom cabinetry business serving commercial, medical, and institutional facilities including colleges, universities, restaurants, and hotels throughout the region is now available for sale. This business has earned a stellar reputation in a difficult market segment to penetrate, and it has many growth opportunities for the right owner.
The average income to a working owner was over $103K over the past three years and the price for the business is very reasonable at 3X that amount. Business assets included in the sale are valued at $65K. The business pipeline continues to remain strong and large contracts are continuing to be won as the business is busier than ever even during COVID.
This business is poised for expansion and operational efficiencies to maximize future profits. Adding technology to the already seasoned staff would render the business more productive and allow immediate growth. There is currently minimal sales and marketing effort and most work comes via word of mouth.
REVENUES: $1,028,807 (3-year average)
OWNER’S CASH FLOW: $ 103,371 (3-year average)
EMPLOYEES: 5 FT/ 1 Contractor
Est. Working Capital Required: $100,000
SBA Approved: with current SBA incentives it is possible to qualify for 10% down for the business. SBA is offering up to three months of free payments *limited time offer* subject to approval.
A buyer needs to holds a MA Master Electrician License or access to the license. The seller won’t entertain an introduction without having access to the license.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.