Successful Office Furniture Manufacturing Business

A boutique shop that manufactures custom furniture, cabinetry and contract fabrications for office, commercial and industrial customers (e.g., businesses, schools and healthcare facilities). Using state of the art equipment and computerized machinery, the company creates beautiful, made to order products that delight customers and lead to significant recurring business. Company had sales of ~$1.4 million and DE of ~$300K in 2019 and is on track to hit similar numbers in 2022. Company was established in 1999 by the current owner who wants to retire. Currently the business sells primarily to dealers and wholesalers, without utilizing any sales team. There is potential for significant growth by selling directly to end customers (business, commercial and industrial establishments). There is also more demand for the company’s products than it can produce as the production shop only runs from 6am to 2:30pm. Adding another shift can significantly improve production capacity to meet demand from existing and new customers. The business sits on a 0.45 acre lot in an industrial/commercial setting with premise size of 9020 sq. ft. Location: Hayward, California Year Established: 1999 Number of Employees: 6 Relocatable: Yes Real Estate: Leased Building Sq. Ft.: 9,020 Rent: $7,577.00 Per Month Lease Expiration: 12/31/2024