Armrey Inc Richmond CO, St. Croix 00820

$595,000

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List Price
$595,000
MLS#
26-1270
Status
ACTIVE
Type
Commercial
Subtype
Commercial Sale
Year Built
1966
Acres
0.99
County
Virgin Islands
Area
St. Croix
Island
St. Croix

Property Description

A rare opportunity to acquire one of St. Croix's most established cabinetry, countertop, and custom millwork businesses. Armrey Industries, Inc., serving the U.S. Virgin Islands since 1961, has built a long-standing reputation for designing, fabricating, and installing custom cabinetry, countertops, and related millwork for residential, commercial, hospitality, government, healthcare, and institutional clients throughout the Virgin Islands and wider Caribbean. While best known for kitchens, bathrooms, cabinetry, and countertops, Armrey's capabilities extend well beyond traditional cabinet work. The business has produced custom tables, entertainment centers, closets, desks, built-ins, commercial fixtures, and other specialty millwork, and has previously performed Steelcase-related work A rare opportunity to acquire one of St. Croix's most established cabinetry, countertop, and custom millwork businesses. Armrey Industries, Inc., serving the U.S. Virgin Islands since 1961, has built a long-standing reputation for designing, fabricating, and installing custom cabinetry, countertops, and related millwork for residential, commercial, hospitality, government, healthcare, and institutional clients throughout the Virgin Islands and wider Caribbean. While best known for kitchens, bathrooms, cabinetry, and countertops, Armrey's capabilities extend well beyond traditional cabinet work. The business has produced custom tables, entertainment centers, closets, desks, built-ins, commercial fixtures, and other specialty millwork, and has previously performed Steelcase-related work. Armrey has also been a market leader in water- and bug-resistant PVC cabinetry, a particularly powerful product category in the Caribbean climate. This durable cabinetry offering has helped distinguish the company in a regional market where moisture, termites, humidity, and long-term durability are major concerns for homeowners, contractors, designers, and commercial clients. This offering is for the operating business only. Real estate is not included in the sale. The proposed sale may include the Armrey trade name and goodwill, business operations, customer and vendor records, furniture, fixtures, equipment, machinery, inventory, website, phone number, intellectual property, and other business assets to be further detailed in a Purchase Agreement. The business currently operates from a highly visible commercial location on St. Croix and presents a compelling opportunity for an owner-operator, contractor, strategic buyer, or industry investor seeking to enter or expand within the cabinetry, countertop, PVC cabinetry, and custom millwork market. With more than six decades of operating history, Armrey Industries has completed projects for homeowners, hotels, government agencies, healthcare facilities, commercial clients, and institutional customers, supported by an experienced team, recognizable brand, specialized product offerings, and established market presence. Financial information, equipment lists, operational details, and additional diligence materials will be made available to qualified buyers upon execution of a Confidentiality Agreement/NDA. All terms, included assets, transition support, and any location-related arrangements are subject to negotiation, due diligence, and final written agreement.

Additional Information

Lot Size
43,124
Flooring
Concrete, Tile
Roof
Galvanized, Pre-Fin Metal
Zoning
C

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Listing courtesy of RE/MAX USVI Real Estate Brokers - St. Croix.