Location: Phoenix Metro, AZ
Listing ID: 2071
Highly Regarded Manufacturer with Extensive Customer Relationships
This 11-year-old business has developed an impressive reputation in its market for manufacturing high quality commercial cabinetry along with timely production, delivery, and installation to meet its customers’ critical deadlines. The Company’s services include the design, production, delivery, and installation of plastic laminate millwork. The Company has a well-equipped manufacturing operation utilizing modern, precision equipment to achieve manufacturing efficiencies and, along with its adherence to Architectural Woodwork Standards, ensures the Company maintains high quality standards.
While servicing the overall commercial tenant improvement market, a majority of the Company’s business is derived from its expertise and reputation for excellence within the healthcare market, a large segment of the market that has specialized requirements and has generally been more resilient in changing economic environments than other industries. This expertise and experience provide the Company with a significant competitive advantage for projects within that large and growing market segment as well as for less demanding applications. The Company also works on new commercial construction projects.
The Company primarily services the Phoenix Metropolitan Area, one of the fastest growing regions in the country. Demand for the Company’s products and services are growing with the overall market as well as with tenant moves and facility upgrades.
The Company has long-standing relationships with its customers generating repeat business as new projects are undertaken. New customer relationships result from the Company’s high customer satisfaction levels and resulting reputation in the market as well as from frequent referrals by its existing clients.
With a well-trained base of employees, up to date manufacturing equipment and facility, and an established customer base in a growing market, this business represents an exceptional acquisition opportunity.
The asking price includes all identified tangible and intangible assets utilized in the Company’s operations, but excludes any cash, cash equivalents, and accounts receivable. The real estate, owned by an affiliate of the Seller, is available for lease or purchase. All other liabilities will be retained by the Seller.
Revenue and Cash Flow shown are based on the LTM as of 5/31/23.
Facilities: Over 15,000 square feet of industrial manufacturing space, including approximately 2,000 sq. ft of office space, ideally located in the Phoenix Metro. T
Employees: 10 employees, excluding the owner.
Support & Training: The Seller will provide four weeks of training and transition support included in the purchase price. Support beyond that time may be available for additional consideration.
Total Sales: $2,514,180
Cash Flow: $652,265