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Business For Sale
TOP QUALITY MANUFACTURER-WOOD-WITH R.E.
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Asking Price: |
$1,275,000
USD USA Dollars
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Business for Sale Industry: |
Manufacturing: Wood, Stone, Concrete
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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 wood custom cabinet 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 part year numbers are for 10 months. Projected revenue 2007 $1.5M with owner benefit of $289,000. Real Estate included in the sale.
Property Features and Assets:
7,800 square feet. building designed for this company. It has a large shop/manufacturing facility, showroom and second floor offices.
Market Competition and Expansion:
This business is one of a few that creates high quality wood cabinets. They can also manufacture entertainment centers and shelving. They work with multimillion dollar builders, interior designers and remodel for high income homeowners.
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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