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Take over a well-established and well-organized cabinetry, countertop and millwork manufacturer. This manufacturer does commercial millwork only. The current owner started the business over 20 years ago. The company has a great reputation with a very knowledgeable and dedicated staff. The business is located in the western suburbs of Chicago, and they have many local projects as well as nationwide commercial projects. Current YTD numbers are very strong, and the owner has a very positive outlook for business in 2024. The owner would like to retire but will be happy to stay on a few months to ensure a smooth transition for the Buyer. The Selling price of $1,650,000 includes $400,000 in Accounts Receivable to help a new owner with the high working capital requirements. This Business has been reviewed by a preferred SBA lender and the lender is very open to reviewing candidates for an SBA loan with a minimum 10% down payment.
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Are you seeking a strategic advantage for your business's financial future? Look no further! We're offering a unique opportunity to acquire a company with over $5,000,000 in accumulated losses over the past 3 years, ready to be leveraged for substantial tax reduction.Key Benefits:1. Tax Efficiency: Gain an immediate edge by utilizing loss carry forwards to significantly reduce your tax liabilities.2. Strategic Advantage: Position your company for financial success by leveraging the acquired losses to optimize future tax planning.3. Immediate Impact: Start reaping the benefits from day one, as these losses can be applied to your company's tax obligations.About the Company:This company a plumbing company focused on new construction, is strategically winding down operations, presenting a unique opportunity for an astute business to acquire valuable tax assets.Why Act Now?This exclusive offer is time-sensitive. Don't miss out on the chance to supercharge your financial strategy and position your company for long-term success.For more information and to discuss this unparalleled opportunity further, contact us.
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