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