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Asking Price$169,000
Revenue$514,000 Established2005
Cash Flow$91,000 EmployeesUndisclosed
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This company, based in Knoxville, TN, is a local cabinet designer, manufacturer, and installer. Established in 2005, it has proven to perform well in times of recession as it continued to turn a profit through the '08-'09 recession. It is also an efficiently run business that produced an 18% profit margin for the owner from 2018-2019. The blended rate for seller discretionary earnings for 2017-2019 is $91,081. Revenue has increased by 48% from 2017 to 2019.

The business serves Knoxville and the nearby areas and, on occasion, Nashville. Sales are generated from direct to customer referrals for remodels and new construction and from strong relationships with local builders. The seller has agreed to personally assist with a smooth transition of these relationships over time.

Their experience and reputation is strong, as the owner consistently turns away projects due to already operating at desired capacity. A motivated buyer could quickly increase the top line by managing to a larger capacity and taking on these projects which the existing space can accommodate. Their focus on customer service and value has earned them a loyal following in the area.

If you are looking for an owner-operated business with good cash flow and several top and bottom-line growth opportunities, this one should be considered.
Growth Potential:Currently, the company has only operated based on word of mouth referrals and its reputation with builders. There is a significant opportunity, both on the direct to customer and builder side of the business. Building additional capacity will allow the buyer to take on additional remodel work that customers are requesting. With current relationships producing enough work, building new relationships with builders has not been a focus for several years, but produced great results when it was implemented. These efforts along with traditional marketing are just a few of the methods that could impact the top and bottom line.
Training/Support:The seller, who is retiring, is willing to train and transition the purchaser for a mutually agreeable period immediately following closing to ensure a smooth and seamless transition.
Sale Reason:Owner is selling to retire
Ad #120429
Seller Reference #KNOXVTN002-N24
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Matteo Valles
865-964-7786
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