Commercial Cabinet Casework Business in the LA suburbs
Off-MarketColton, CA
Commercial Cabinet Casework Business
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$4,000,000
$800,000
20.0%
1987
30+ Days
Customers
All commercial customers including hotels, retail stores, hospitals, retirement homes.
Customer Acquisition
Reputation, word of mouth, networking in the industry. No paid marketing.
Team
Has a team of 20, including two secretaries managing the office and payroll. Has a general manager and two estimators as well.
Owner's Role
The owner often travels to his home country of Argentina and runs the business remotely. He acts as a general supervisor at this point and occasionally helps with estimates or team feedback.
Reason for Selling
The owner is 72 years old and ready to retire. He is originally from Argentina and currently spends a lot of time there. His family is not equipped to take over the business.
Contracts
Yes
Real Estate
The owner has a 10,000 sq ft facility and 1 acre of property, which he would prefer to rent to the new owner rather than sell.
When Are You Looking to Sell
ASAP
Licenses Required
Yes
Additional Notes
The owner had a deal agreed upon about 1 year ago with some friends to buy the business, but exclusivity has expired. It was delayed due to financing issues.
Business ID: 1308
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