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46+ Years Custom Woodwork Legacy: Business and Building for Sale!
An esteemed custom cabinetry business, located in the Greater Salt Lake City area in Utah, is now available for acquisition. With a rich legacy spanning 46 years, this company specializes in designing, manufacturing, and installing exquisite cabinetry tailored to the unique preferences of its clientele. From kitchens to bathrooms, offices, and beyond, their craftsmanship embodies a diverse range of styles, catering to both residential and commercial projects, including new constructions and remodels.
Serving a wide clientele base across Salt Lake City, Provo, Ogden, and Park City, this business has evolved over the years, transitioning its focus from commercial to residential cabinetry. Renowned for its exceptional service and client-centric approach, the company maintains a remarkable 35% rate of repeat customers. Leveraging a strategic marketing mix encompassing word-of-mouth referrals, online presence, and meticulous advertising strategies, they ensure maximum visibility and sustained growth.
With a solid financial track record, boasting an average revenue of $384,756 and a cash flow margin of 30% from 2020 to 2023, this turnkey operation presents an enticing opportunity for prospective buyers. The sale includes a valuable 3,700 sq. ft. property, valued at $1,000,000, along with $179,000 in assets. Additionally, the retiring owner offers a 90-day transition period, facilitating a seamless handover of relationships and operations, ensuring continuity and prosperity for the new owner.
Please fill out the NDA here - https://businessbrokersofutah.com/buying-a-business/nda/?listingID=2024-06-12&listingPrice=$1,290,000&listingInterest=46+%20Years%20of%20Exquisite%20Custom%20Woodwork%20-%20Business%20and%20Building%20for%20Sale!&listingURL=https://businessbrokersofutah.com/listing/exquisite-custom-woodwork-business-and-building-for-sale/&brokerFirst=Cal&brokerLast=Black&brokerEmail=cal@businessbrokersofutah.com&buyerFirstName=&buyerLastName=&buyerEmail=&buyerOrganization=&buyerPhone=&pipedrive_id=285&historical_summary_google_drive_link=https://drive.google.com/file/d/1JCni4PDdA3KmrHQYy_EzySmnB8xJQ2Z7/view&deal_id=1916
Ad#:2250309
Listed By: Omar Kettani
Background information
Year established:
1978
Reason selling:
Retirement
Finance
Sales:
$321,749
EBITDA:
$149,368
Operations
Equipment:
Included in asking price $179,036
Premises
Location:
Salt Lake County, UT
Opportunities
Growth:
As the company prepares for growth and expansion, it aims to leverage its rich heritage and expertise to capitalize on new opportunities, focusing on residential cabinetry. This shift taps into a high-demand market for custom designs and craftsmanship, expanding its customer base and diversifying product lines. To succeed, the company must maintain operational efficiency and high standards while differentiating itself in a competitive market. With decades of experience and a forward approach, the company is poised for sustained success in cabinetry.
Price and terms
Price:
$1,290,000
Training:
The Seller is providing a 90-day transition period to ensure a seamless transfer of client and vendor connections.