Business Details

Manufacturer/installer of custom stairs and handrail systems

Location : Orange County

Type of Business : Manufacturer/installer of custom stairs, handrail systems.

Asking Price: $400,000
Inventory: $0

Gross Sales: $1,469,000

Summary of Business
Established for over 30 years and for sale for the first time, this business presents a great opportunity for a buyer to own a company that has cultivated a loyal clientele by providing exceptional craftsmanship in custom stairs. One of the few of its kind in Orange County, this business is consistently sought after by new home builders, contractors, and high-end clients. Due to the owners' reluctance to expand and their decision to wind down the business, job opportunities are consistently declined. This is often attributed to time constraints or the complexity of projects. Owners are looking to retire. This could be an excellent acquisition for a company that is already outsourcing work or possesses a staff capable of handling additional projects. These benefits can include an immediate cash flow by a reduction in costs through combined of labor forces. Acquiring this business can provide a solid foundation for a buyer to capitalize on the ongoing demand for top-notch custom stair craftsmanship in Southern California.
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Other Details

Reason for Sale: Retire

Income

Gross Yearly Sales: $1,469,000
Adjusted Yearly Net Profit: $185,000

Rent

Total Rent: $2,900
NNN: $included above
Length of Lease: 1 year, renewable yearly
Options: 0

Employees

Hours of Operation: 8 am - 6 pm Monday- Friday, Saturday as needed Payroll: $52,000

Expenses

Insurance: $16,000 per year
Electric: $150
Water: $included in rent
Trash: $included in rent
Internet and TV: $250

Additional Details

Year Established: 1985


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