Buying a cabinet and millwork shop in Jacksonville and Northeast Florida
Jacksonville and Northeast Florida has 32 established cabinet and millwork shops by our count: companies in business at least 15 years that still file with the state every year and aren't part of a larger group. Of those, 78% have been in business 20 years or more. Most will never be listed for sale, and many of their owners have never been asked.
What it takes to own one
Cabinet and millwork shops in Jacksonville and Northeast Florida come in every size. Here's what owning one could look like at three levels, from a solid company to one of the leaders, with a small business loan covering most of the price.
- Earns about
- $228,000 a year
- Price about
- $752,000
- Your cash
- $105,000
- Could pay you
- up to $92,000 a year
- Earns about
- $394,000 a year
- Price about
- $1.3 million
- Your cash
- $182,000
- Could pay you
- up to $160,000 a year
- Earns about
- $624,000 a year
- Price about
- $2.1 million
- Your cash
- $289,000
- Could pay you
- up to $253,000 a year
Earnings are owner earnings: profit plus what the owner pays themselves, before loan payments and taxes. They and the prices are our estimates from public records, not the owners' figures, and we value companies like these at about 3.3 times a year's owner earnings. Your cash covers the down payment and closing costs, and what the business could pay you is what's left after the loan payments and the cushion lenders require. The more cash you bring, the further up you can go.
Age, size and location
Revenue is our estimate from public records, grouped into wide ranges.
| In business | Companies |
|---|---|
| Under 20 years | 7 |
| 20 to 29 years | 9 |
| 30 to 39 years | 10 |
| 40 years or more | 6 |
| Estimated yearly revenue | Companies |
|---|---|
| Under $1M | 5 |
| $1M to $2M | 5 |
| $2M to $4M | 5 |
| $4M to $8M | 2 |
| County | Companies |
|---|---|
| Duval | 24 |
| Other counties | 8 |
| Town | Companies |
|---|---|
| Jacksonville | 21 |
What the best cabinet and millwork shops have in common
- Repeat builders and contractors who pay on fair terms, plus some homeowner work for margin.
- A CNC router and design software that turn drawings into cut lists quickly, which saves labor on every job.
- Estimates based on what past jobs actually cost, so prices cover real hours and material.
- A shop lead and installers who don't need the owner on site.
- Signed jobs lined up for several weeks or months.
- Good warranty records and few callbacks after installation.
- A clean, well-ventilated shop with dust collection and a proper spray booth.
- Relationships with designers and architects who specify the shop's work on their projects.
- A showroom or portfolio that helps homeowners say yes.
What to check before you buy
- How much depends on the biggest customers, especially one or two builders whose pace could slow when the housing market cools.
- Money owed to the shop: builder payment terms, slow payers, and any liens filed to get paid.
- Job costing on recent jobs: estimated versus actual hours and material.
- Machine condition, especially the CNC router and edgebander, with service records.
- Warranty claims and callbacks, and what they cost to fix.
- Formaldehyde compliance paperwork and labels, and supplier statements for the panels in stock.
- The finishes the shop sprays, how it disposes of solvent waste, and any DEP permits or notifications.
- The building: electrical service, dust collection, fire protection, spray booth and lease terms. Wood dust and finishes are a real fire risk, so ask about inspections.
- Deposits already collected for jobs not yet built, which you'll be expected to honor.
Questions to ask the owner
- Which builders or contractors give you the most work, and how long have they been with you?
- Who estimates and designs jobs today?
- How far ahead are you booked?
- How often do you get callbacks, and what causes them?
- How do you handle formaldehyde paperwork and labels, and do you glue veneer onto panels yourselves?
- Who runs the shop floor when you're with customers?
- What equipment would you buy next?
To learn what these companies do, which licenses they need and how ownership works, read our full guide to buying a cabinet and millwork shop in Florida.
Owning a company in Jacksonville and Northeast Florida
The local economy
This region covers Duval, St. Johns, Clay, Nassau, Baker and Putnam counties: Jacksonville, Jacksonville Beach, St. Augustine, Ponte Vedra Beach, Orange Park, Fleming Island, Green Cove Springs, Fernandina Beach, Yulee, Macclenny and Palatka. Jacksonville merged with most of Duval County in 1968, which makes it the largest city by land area in the lower 48 states.
The economy leans on logistics, the Navy and financial services. Logistics runs through JAXPORT, major rail lines and the meeting of Interstates 95 and 10. The Navy has Naval Air Station Jacksonville and Naval Station Mayport. Insurance and health care matter too. St. Augustine, founded by the Spanish in 1565, and Amelia Island draw steady tourism. Trucking and logistics firms, the building trades, medical practices and home services all fit this market.
What's different about owning a company here
Northeast Florida is less seasonal than South or Southwest Florida, with fewer winter residents and more year-round employers. Direct hurricane landfalls have been less common here than on other parts of the coast, but storms still bring flooding along the St. Johns River and the beaches, so check insurance costs and flood zones.
Military families bring skilled workers and working spouses into the labor pool, though they also move on when orders change. St. Johns, Clay and Nassau have added the most new homes, and companies serving those suburbs have grown with them. Georgia is close, and some companies here serve customers across the state line. Work in Georgia may need Georgia licenses, so ask how much revenue comes from there and who holds those licenses.
Cabinet and millwork shops in other regions
- South Florida (218)
- Tampa Bay (102)
- Orlando and Central Florida (47)
- Space Coast and Volusia (20)
- Southwest Florida (53)
- Treasure Coast (26)
- Panhandle and North Florida (50)