Woodworking Shop for Business-to-Business Firms. Specializes in creating fixtures and displays for companies to install in retail locations. Serves major retailers throughout the United States. Started by the owner's father and eventually bought by the current owner, his son. Now run by the son who grew up in the business. There are several manufacturers in the country who specialize in this field, but none is competitive with this company. Company has expanded during the past 12 months and will continue to expand as customer demand continues. Pleas refer to listing #, Agent Howard Schulman when inquiring about this listing. Thank you!
- Asking Price:
- $2,250,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,067,356
- Cash Flow:
- $224,239
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease Expiration Date: December 31, 2023
Terms Options: Negotiable
- Leasehold Rent:
-
$5,400 per annum
- Location:
-
Type of Location: Industrial
Facilities: Office and two warehouse bays
- Premises Details:
-
Business History: Started by the owner's father and eventually bought by the current owner, his son. Now run by the son who grew up in the business.
- Size in square feet:
- 5,200
Business Operation
- Expansion Potential:
-
Potential Growth: Company has expanded during the past 12 months and will continue to expand as customer demand continues.
- Competition / Market:
-
Competitive Overview: There are several manufacturers in the country who specialize in this field, but none is competitive with this company.
- Reasons for selling:
-
Other Business
- Trading hours:
-
8:30 to 8:00 Monday through Friday; 8:00 - 2:00 Saturday
- Employees:
- 12
- Years established:
- 42
Other Information
- Support & training:
-
Will train for 2 weeks @ no cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Owner Financing Terms $1,000,000.00
Owner Financing Interest 6%
Owner Financing Terms Months 60
Owner Financing Monthly Payment $19,332.80
- Furniture / Fixtures value:
- $150,000 - included in the asking price
- Inventory / Stock value:
- $12,500 - included in the asking price
