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Buying a cabinet and millwork shop in Southwest Florida

Southwest Florida has 53 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, 81% have been in business 20 years or more. Most will never be listed for sale, and many of their owners have never been asked.

53
established companies
81%
built over 20+ years
$488k+
a year, earned by the top quarter
15%
built over 30+ years

What it takes to own one

Cabinet and millwork shops in Southwest 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.

A solid company
Earns about
$191,000 a year
Price about
$630,000
Your cash
$88,000
Could pay you
up to $77,000 a year
A strong company
Top quarter in Southwest Florida
Earns about
$488,000 a year
Price about
$1.6 million
Your cash
$226,000
Could pay you
up to $198,000 a year
One of the leaders
Top tenth in Southwest Florida
Earns about
$1.3 million a year
Price about
$4.2 million
Your cash
$592,000
Could pay you
up to $519,000 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 businessCompanies
Under 20 years10
20 to 29 years35
30 to 39 years7
40 years or more1
Estimated yearly revenueCompanies
Under $1M10
$1M to $2M6
$2M to $4M4
$4M to $8M2
Over $8M3
CountyCompanies
Sarasota16
Lee15
Manatee12
Collier7
Other counties3
TownCompanies
Sarasota15
Bradenton8
Naples7
Fort Myers5

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 Southwest Florida

The local economy

This region covers Lee, Collier, Charlotte, Sarasota and Manatee counties on the Gulf coast and Hendry, Glades and DeSoto inland: Fort Myers, Cape Coral, Naples, Bonita Springs, Punta Gorda, Port Charlotte, Sarasota, Venice, Bradenton, LaBelle, Clewiston, Moore Haven and Arcadia. The coastal economy runs on people who choose to live or spend the winter here: retirees, seasonal residents, and the construction, real estate, health care, financial and home services that follow them. Tourism, golf and boating add to it.

Inland, the economy is agricultural: sugarcane around Clewiston, citrus, cattle and vegetables, with Immokalee in Collier County a center for farm work. The building trades, pool, landscaping and pest control companies, property managers, medical and dental practices, and marine businesses tend to do well along the coast.

What's different about owning a company here

This is one of Florida's most seasonal markets. From roughly January through April, restaurants, shops and service companies run at full speed. Summers are slower, so look at monthly revenue, not only the yearly total. The coast has taken two major hurricanes in recent years: Ian came ashore at Cayo Costa in Lee County in September 2022, and Milton at Siesta Key in Sarasota County in October 2024. Rebuilding brought a wave of work for contractors that won't last forever, so ask how much recent revenue came from storm repairs. Insurance costs and flood zones weigh on every property.

Housing costs near the coast make hiring hard, especially around Naples. New communities east of Interstate 75 in Lee, Collier, Charlotte and Manatee keep service companies busy.

Cabinet and millwork shops in other regions

Similar businesses in Southwest Florida