SOUTH SOUND PROFITABLE & DIVERSE CABINET COMPANY
Seller:
Attn:
Wes Martin
Location:
Not Disclosed, WA, USA
Listing Number:
"080608WM"
Overview:
During a time when most cabinet companies are experiencing slowdowns, this company has had a long term strategy of diversifying itself across the commercial and residential markets. The seller's strategy has paid off by helping to maintain consistent sales and growth trends. Manufacturing quality cabinets and countertops, they have maintained great working relationships with the areas best know quality commercial and residential contractors. Included in the sale is the company's 4,000 square feet manufacturing facility located on two acres approximately 20 minutes West of Olympia. The seller has earned an excellent reputation and is committed to a successful transitional period. If you are looking for a successful, South Sound business that includes income producing real estate, this opportunity could be for you.
Property Features and Assets:
Operating out of a well maintained 4,000 square feet facility, the building holds everything needed for the business. Office space with showroom as well as shop and finishing spaces. The facility sits on a total of two acres, three quarters of which is currently undeveloped and could be a potential home site, or with a variance, additional commercial space.
Market Competition and Expansion:
There was a lot of competition until recently. The construction 'slowdown' has actually been a great benefit to this business as many of their competitors have gone away. This company has had a long tradition of being diversified throughout both the residential and commercial markets. Having maintained strong working relationships with the area's best known and well respected contractors has helped them thrive during a period where most cabinet manufacturers are experiencing flat sales.
The seller currently markets by word of mouth. Growth definitely could be had by actually marketing the company at Chamber or Trade Association meeting etc. With other cabinet companies dropping away, now would be a good time to fill the gap.
Additional Details:
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