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This company, based in Knoxville, TN, is a local cabinet designer, manufacturer, and installer. Established in 2005, it has proven to perform well in times of recession as it continued to turn a profit through the ’08-’09 recession. It is also an efficiently run business that produced an 18% profit margin for the owner from 2018-2019. The blended rate for seller discretionary earnings for 2017-2019 is $91,081. Revenue has increased by 48% from 2017 to 2019.
The business serves Knoxville and the nearby areas and, on occasion, Nashville. Sales are generated from direct to customer referrals for remodels and new construction and from strong relationships with local builders. The seller has agreed to personally assist with a smooth transition of these relationships over time.
Their experience and reputation is strong, as the owner consistently turns away projects due to already operating at desired capacity. A motivated buyer could quickly increase the top line by managing to a larger capacity and taking on these projects which the existing space can accommodate. Their focus on customer service and value has earned them a loyal following in the area.
If you are looking for an owner-operated business with good cash flow and several top and bottom-line growth opportunities, this one should be considered.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.