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Successful 60 Year Old Lumber Industry Business For Sale

Hope, Arkansas
Asking Price:
$1,500,000
Sales Revenue:
$1M - $5M
Cash Flow:
$500K - $2.5M

A 60 year old business, well established, and located in Southwest Arkansas that manufactures and installs Lumber Drying Equipment. The Owner is ready to retire. Business has generated sales in excess of $1,000,000.00 per year for the past 10 years. Several years in excess of $3,000,000.00. Has survived the hard times with progressive sales. I currently am the 4th owner of the business and every owner has been able to retire with ease. Asking price for all assets. May be willing to wiggle a little bit. Potential going forward looks attractive. Will be willing to stay on for 6 months with minimal salary to train and advise the new owner. May be willing to finance some of the real property in the sale.

Property information

Real Estate:

Real Property Included

Location:

Industrial Park

Premises Details:

30,000 sq. ft. Metal Buildng with manufacturing equipment, located on 5 acres of industrial property.
Building is an old building in fair condition.

Business Operation

Reasons for selling:

Retirement

Employees:
10
Years established:
60+

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Relocatable:
This business can be relocated.

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