Owner Financing is Available!
Business Overview:
Asking Price is $1,900,000, + Inventory, we have several banks that have approved financing on this business, for right buyer with down payment and experience. Past expertise very important from Bank stand point, and having working capital other than down payment.
Monthly sales exceed over $260,000, and has large payroll, with over 40 full employee's and 3 full time office staff.
Looking for a hands on operator that has good financial background keeping books and records. Plus sales ability to work with customers in the field.
Business re-manufactures wooden pallets of all sizes and shapes. Item 1.) Company takes in broken Pallets and repairs them and returns them back to customer base.
Item 2.) Company buys broken Pallets repairs them and resells re manufactured to very large customer base.
Item 3.) Company resells Pallet to other Pallet Company. Company is always building inventory to have stock to resell, when customer orders 1000 Pallets or more.
Inventory included with business is $75,000 @$1,900,000 price. Inventory will vary at different times, upward and downward. Very large Fixture and Equipment list included with business, complete list available on request.
2008 From Federal Tax returns: Gross Sales $2,513.309; 2009 From Federal Tax returns: Gross Sales $2,796,132; 2010 From Federal Tax returns: Gross Sales $2,064,386. Seller has taken out of the business on the 2010 Federal Tax returns over $500,000 plus per year out of the business conservatively, with many other perks. First three months of 2011 business has increased to over $275,000 monthly gross. Run Rate to high over $3,000,000 for 2011................
Disclaimer: The information has been supplied to the Broker by the Seller. (BBC) Business Brokers of California Expressly Disclaims any and all liability for the representation of the warranties, express or implied, contained in such information or for omission from them. (BBC) Business Brokers of California believes the information to be correct but has not verified or checked it. Any agreement or decision by the buyer to pursue a transaction regarding this business should be based on further investigation.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Lease yard, 7.5 acres only $10,000 monthly rent. Inventory included with business is $75,000 @$1,900,000 price.
Very large Fixture and Equipment list included with business (complete list available on request.) Including: 3 ea. Semi Tractors; 3 ea. Flat Bed Trailers - sets of doubles; 24 ea. 53 ft. enclosed trailers; 1 ea. 45 ft. Trailer Flat Bed; 1 ea. Bobtail Truck; 7 ea. Fork Lifts; 3 ea. Air Compressors; 2 ea. Pallet Dismantles; 1 ea. Wool Pallet Chamfering Machine; 1 ea. Wool Pallet Notching Machine; Steel work tables with conveyor belt driven assembly line.
Reason for Selling:
Owner Retiring
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: