Full Service Cabinet Company: Outstanding Reputation, GREAT Area

Wilmington, NC

Seller Financing Available

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Asking Price:$1,100,000
Established Year:1996
BUSINESS DESCRIPTION

Established Kitchen and Bath Remodeler

Full Service Cabinet Company: Outstanding Reputation, Tremendous Room for Growth
Wilmington, NC Area

Asking Price: $1,100,000 2023 Cash Flow: $409,372

RVA Business Brokers are delighted to bring this full service cabinet company providing expert kitchen and bath design and installation. The Company also designs and installs cabinetry and countertops in areas such as home office, closets, library, mud rooms and outdoor living spaces, as well as light commercial.

Established 1996, the Company serves middle to upper income homeowners in New Hanover, Pender, and Brunswick counties, NC. The Company has done cabinets for every taste and budget; from Habitat for Humanity to multi-million dollar homes in and around southeast North Carolina.

The million-dollar business offers a wide range of products in standard sizes, semi-custom, and custom designs. Brands include DuraSupreme Cabinets, Medallion Cabinetry, Bertch Cabinet Manufacturing, and Legacy Cabinetry.

They offer solid surface countertops from such trusted names as Silestone, Cambria, and Hanex; quartz from Silestone, Cambria, Caesarstone and LG Viatera; granite, marble and wood butcher block in various species as well as laminate countertops and cultured marble vanity tops.

The owner's decision to retire after 27 years is a boon to the Buyer. The Owner is willing to stay up to 2 years to ensure a seamless transfer of client and vendor relationships and to assist in building the growth marketing plan.

This business is a rare find. Don't wait to start the conversation.

Investment Highlights

- $1,090,720 Revenue and $409,372 SDE in 2023.
- 38% Cash Flow Margin
- Area boasts growing job market
- 27-Year History
- Largest client has 11 year history
- Exceptional 4.5 - 5 Star Reputation Ratings
- 4 employees, includes owner
- Day laborers as needed
- 2,100 sq. ft. showroom & office
- Up to 2 year Seller transition period

Brands
Company offers a wide range of products in standard sizes, semi-custom, and custom designs.
Providing expert kitchen and bath design and installation. The Company also designs and installs cabinetry and counter tops in areas such as home office, closets, library, mud rooms and outdoor living spaces, as well as light commercial.
Brands include:
- DuraSupreme Cabinets
- Medallion Cabinetry
- Berch Cabinet Manufacturing
- Silestone
- Cambria
- Many more

DanDaniel,Founder/ SeniorBusinessAnalyst 804-614-4645 dan@rvabusinessbrokers.com


DETAILED INFORMATION
Location
Wilmington, NC
Inventory
Not Included in asking price
Facilities
2100 Square foot Showroom and Office
Support & Training
Owner is willing to assist for a successful transition
Reason for Selling
Retirement
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Dan
Daniel
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Dan Daniel