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Business For Sale
TOP QUALITY MANUFACTURER-WOOD PRODUCTS
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Asking Price: |
$475,000
USD USA Dollars
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Business for Sale Industry: |
Manufacturing: Wood, Stone, Concrete
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Reason for Selling:
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Retirement |
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Year Established:
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1989 |
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# of Employees:
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12 |
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Yearly Revenues:
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$1,500,000 |
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Yearly Cash Flow:
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$285,000 |
Business for Sale Overview:
This business is a very high end custom wood products manufacturer. The production equipment is computerized, creating greater efficiency and lower payroll costs. They advertise monthly in a luxury home magazine that is delivered to demographically higher income homeowners. They have not been affected by the real estate downturn and revenues are up for 2007. 2007 revenue $1.5M with owner benefit of 280,000. Real estate and building additional price of $800,000.
Seller motivated. Price only $475,000 for this company with $185,000 in assets.
Property Features and Assets:
Business is housed in a free standing 7,800 square foot newer building in a great industrial park. Built as a cabinet manufacturing shop. The building has a showroom, second floor offices and work shop area.
Market Competition and Expansion:
Business employees the latest software and computer controlled router to cut payroll costs and produce a quality wood product.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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