Absentee Owned, 20-Year Established Closet & Cabinet Manufacturer in Florida

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Financial Details

Asking Price:
$1,750,000
Annual Revenue:
$2,143,100
Cash Flow / SDE:
$519,571
Profit Metric:
Seller's Discretionary Earnings
Valuation Multiple:
3.4x
Location:
Citra, FL, US
Source:
Date:
September 23, 2025

Key Highlights

Absentee-owned and operated for 20 years, offering a hands-off investment opportunity.
State-of-the-art manufacturing equipment and a modern showroom, with projected $200K savings in 2025 from in-house production.
Diversified product line including closets, cabinets, libraries, media centers, home offices, wall beds, and garage storage.

Description

This is an absentee-owned, 20-year established business specializing in the design, manufacturing, and installation of custom closets and cabinets. Located in Citra, Florida, the company utilizes state-of-the-art manufacturing equipment to produce a wide range of products including closets, cabinets, libraries, media centers, home offices, wall beds, and garage storage solutions. In 2022, the business expanded its footprint with a modern 3,000 sq ft showroom and increased warehouse space to 2,700 sq ft. The workforce is well-trained and experienced in the industry. A significant upcoming advantage is the in-house manufacturing of closets and cabinets starting in 2025, which is projected to reduce cost of goods by $200,000 annually from the custom closets division alone. This presents a perfect opportunity for an E-2 visa investor or a strategic partner looking to enter the thriving custom home furnishings market. The business is being sold for personal reasons.

Industry Information

Industry Description:
Closet and Cabinet Manufacturing
Classification:
Manufacturing

Operational Snapshot

Year Established:
2005
Employees:
15
Reason for Selling:
Personal

Real Estate & Lease

Status:
Not_included
Monthly Rent:
$11,558 USD

Assets & Inventory

FF&E Value:
$375,000 USD
Includes FF&E:
Yes
Inventory Value:
$10,000 USD
Includes Inventory:
Yes

Broker Contact

Name:
Joseph Di Bartolo
Company:
Transworld Business Advisors
Email:
[email protected]
Phone:
(352) 221-9667

Listing Details

Listing ID:
67027f26-b0ae-4837-8f28-740e9202e4ee
Source Listing ID:
3353-745294
Deal Status:
For Sale
Last Updated:
September 23, 2025
Currency:
USD

Features & Tags

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