Cabinet Manufacturing Business & Real Estate In Kentucky

Description

Kentucky based manufacturer specializing in quality all wood kitchen and bathroom cabinetry serving residential customers, multi unit housing developments, housing authorities, and military projects. The sale includes all real estate, equipment, contracted work in progress, and existing inventory.Financial Overview:Gross Revenue: $2,642,331Furniture Fixtures and Equipment: $1,200,000Inventory: $800,000 to $1,000,000Net Operating Income: $640,352Property and Facilities:The business operates on approximately 9.136 surveyed acres and includes approximately 72,500 square feet across three buildings.Building 1 includes approximately 36,000 square feet of manufacturing, office, and showroom space constructed in 2004. Features include natural gas heating, full sprinkler coverage, a two story mezzanine, LED lighting, and both 230 and 460 electrical service.Building 2 includes approximately 6,500 square feet of warehouse space built in 2005.Building 3 includes approximately 30,000 square feet constructed in the early 1970s and is currently used for lumber and plywood storage. Buildings 2 and 3 are not heated.The facility is fully configured for high volume cabinet manufacturing with established machinery and finishing capabilities already in place. Existing production capacity supports growth potential exceeding $10 million in annual gross sales.The property also presents opportunities for expanded production including cabinet doors, cabinet components, moldings, and stock products for other cabinet manufacturers.