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 34-year career in the economic development profession in North and South Carolina. He spent twenty-eight years in Charlotte where he led those efforts for the Charlotte Chamber of Commerce. In that role, Jeff worked with a very diverse client base of small family-owned companies to Fortune 100 corporations.

During his time at Viking, Jeff has worked with a wide variety of businesses including metal fabricators, plastics manufacturing, cabinet manufacturing, landscaping, screen printing & embroidery, distribution, B2B services, automotive services, building materials, construction, HVAC, plumbing, consulting, outdoor power equipment, commercial insulation, and motorsports businesses. His goal is to make the process seamless and an enjoyable experience for his clients.

Jeff and Angela, his wife of 25 years, live in the Lake Norman area and have a 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 is a past Charlotte Business Journal Top 40 Under 40 honoree.

Jeff currently serves on the board of directors of the 600 Festival Association and the Polymers Technology Center where he is Vice Chairman. He is also an active member of the North Carolina Motorsports Association, and the Sports Car Club of America. He also holds a NC real estate license.

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