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Kitchen Cabinet Manufacturer in Southwestern Ontario

For sale is a leading kitchen cabinet manufacturer in a niche Southwest Ontario market. Over its  15 years of existence, the business has established stellar reputation for quality of work and service. With 20 qualified employees, the business is a turn-key operation and at any given time has approximately 4-6 months worth of pre-booked projects. Clients are split between end users and builders. The business relies on ongoing client relations as well as word of mouth and referral business. The company is located in a 24,000 sf facility and has state of the art and well maintained machinery and equipment. This is an ideal acquisition opportunity for a synergistic or complementary business looking for an add-on acquisition in a growing Southwest Ontario market.   
The business has an in-house team of interior designers who directly work with customers. The facility includes a showroom that showcases different kitchen and vanity styles, and a manufacturing space where selected designs are hand-crafted by professionals. The company’s primary products are kitchen cabinetry and vanities but the product line extends through to custom laundry rooms, mudrooms, fireplaces and garage storage. Employees are highly trained, dedicated and maintain a good rapport with clients, allowing them to easily accommodate the needs of individual clients.
The company’s revenues have been growing steadily every year due to its good relationships with clients and its strong reputation in the industry. Revenues are evenly divided between new-builds and renovations of existing spaces.
The owner is selling the business as he would like to focus more of his time on his family. Training and an agreed upon transitional period will be provided by the owner. The asking price includes the listed amount of inventory and all furniture, fixtures and equipment.
Asking Price: $1,350,000
Revenue (2015): $2,318,000
Normalized Seller’s Discretionary Earnings (2015): $499,000
Normalized EBITDA (2015): $409,000
Furniture, Fixtures & Equipment: $424,000 (2015 Book Value), $671,000 (Estimated Fair Market Value) 
Inventory (incl.): $100,000
Year established: 2001
Employees: 20 F/T
Size of Premises: 24,000 sq. ft.

For more information please contact: 

Alex Shteriev, MBA, Salesperson
Beacon Brokerage, Corporation
416-228-1200 ext. 212