Middle Tennessee Pallet Company – The sale of this business is pending. A successful pallet manufacturer located in Middle Tennessee can be purchased at an economical price. This nine year old company is located some distance from Nashville. The Seller is currently reducing his labor and production costs and increasing his capacity by purchasing and using more automated equipment in the pallet production process. The operation includes a sawmill, which permits the company to take in logs from recently cut trees and turn them into finished pallets, all under one roof. Due to medical considerations, the Seller is motivated to sell.
Furniture, Fixtures, & Equipment: $ 319,000
Vehicles and / or rolling stock: $ 40,000
Inventory: $ 30,000
Accounts Receivable (if included): $ -0-
Land and Building (if included): $ 485,000
Other Assets: $ -0-
Current Liabilities to be assumed: $ -0-
Current Notes to be assumed $ -0-
Asking Price: $ 570,000
Down Payment: $ 85,500
Annual Sales Volume: $ 1,305,000
Cash Flow: $ 65,000
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Property Features and Assets:
60,000 square feet building on 7 acres.
Market Competition and Expansion:
The Seller is currently increasing the level of automation, which will increase capacity while reducing labor and production costs.
Reason for Selling:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.