Business Summary:
Reason for Sale:Personal-family reasons-Profitable 15 yr old custom furniture mfg.Visa qualified w/ 12 FT employees.Seller will stay on & manage the business making this a truly absentee owner opportunity.Solid books & records w/ quickbooks accounting. Solid reputation of providing superior, custom, wood furniture, cabinetry & mill work for both commercial & residential clients.The business has been recognized as an accomplished custom manufacturer & have been featured in several renowned publications.
SELLER FINANCING: Loan/Seller Amt: 100,000 Mos: 36 Rate: 6.00 Mo Pmt: 3,042.19
Lease/Month: 5000 Square Footage: 12000 Building Type: Free Std Bldg Terms & Options: 4-1yr
Expiration Date: 9/30/2011 Reason for Selling Personal-Family reasons
Entity Corp 'Sub S' Number of Employees FT: 12 Emp PT: 0 Mgrs: 0
No exp necessary-Seller will run it for you Hours Monday-Saturday 7-7
Building Size Square Footage: 12000 Building Type: Free Std Bldg Equipment F F & E - $150,000
Inventory Inventory - $50,000
Asking Price $550,000.00 Revenues $1,075,042.00 Cash Flow $302,201.00
***You will be required to provide verification of your ability to purchase this business***
*****You will be required to complete and sign a Confidentiality Agreement prior to receiving additional information on this business*****
**********PLEASE, SERIOUS INQUIRIES ONLY***********
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