Established Cabinet/Millwork Manufacturing Company

Revenue:
$1,740,668
Cash Flow:
$0
Region:
North Carolina
Location:
Charlotte Metro Area
This business has been SOLD and is no longer available. Please visit our main Businesses For Sale page to search all available businesses.

Overview:

Overview

This established cabinet and millwork manufacturing company has a prosperous history with an experienced group of employees that will ensure a successful owner transition. Located in a high-growth market, this company is focused on two thriving business sectors – healthcare and corporate clients. The owner is retiring, creating a unique opportunity for an individual or strategic buyer!

Key Highlights

  • Founded in 1984.
  • Company designs, manufactures and installs custom cabinets and millwork for the healthcare (60-70% of sales) and corporate (30-40% of sales) markets.
  • 14 skilled employees – average 10.5 years of experience with the company.
  • Revenues and cash flow are steadily growing from year to year.
  • Opportunity to grow the business by adding pro-active marketing activities and taking advantage of recent equipment upgrades to increase productivity.
  • Impressive client base with top 5 customers only representing 26% of the total revenue.

Financials

Cash Flow                                                             Revenue

2018 cash flow (8 months) – $239,839 2018 revenue (8 months) – $1,228,731
2017 cash flow (year-end) – $178,305 2017 revenue (year-end) – $1,740,668
2016 cash flow (year-end) – $162,986 2016 revenue (year-end) – $1,559,628
Revenue:
$1,740,668
Cash Flow:

Your Listing Advisor.

Jeff Edge

Jeff Edge

Senior Advisor

Jeff joined the Lake Norman office of Viking Mergers & Acquisitions in 2017 after a successful career in the economic development profession in North and South Carolina, advising and assisting companies on new locations and expansions. He spent twenty-eight years in Charlotte where he led those efforts. Jeff worked with a very diverse client base of small, medium, and large companies as well as both domestic and international firms.

Jeff brings a professional, client-focused approach he learned in the economic development profession to Viking and understands the importance of confidentiality throughout the process. His skills for project management and problem-solving help keep deals moving forward. He understands the need for attention to details and the emotional aspects of selling a business. His goal is to make the process seamless and an enjoyable experience for his clients.

During his time at Viking, Jeff has worked with a wide variety of businesses including metal fabricators, plastics manufacturing, cabinet manufacturing, B2B services, automotive services, personal services, construction and motorsports businesses.

Jeff and Angela, his wife of 21 years, live in the Lake Norman area with their daughter, whom they adopted in Ukraine. They attend Grace Covenant Church in Cornelius and enjoy traveling, kayaking, motorsports, and supporting animal rescue groups. Jeff is a graduate of Furman University where he played soccer and was a member of the Pi Kappa Phi fraternity. He is also a graduate of the Institute for Organization Management at the University of Georgia and the Economic Development Institute at the University of Oklahoma. He serves on the board of the 600 Festival Association and is a board member and immediate past chairman of the Polymers Center of Excellence in Charlotte. He serves on the Fifth Third Bank Motorsports Advisory Board and is also an active member of the Lake Norman Economic Development Corporation, NC Motorsports Association, and the Sports Car Club of America. Jeff is also a licensed real estate broker.

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