Business Summary:
Manufactures wood products, of which 90% is sold to other businesses such as Hardware Stores, Woodworking Companies & Retail Stores. 10% of the sales are On Line Sales. Cash Flow represented is based on an "Owner Operator". There is an add-back expense of $35,000, which is the foreman's salary. At this time this business is being operated completely on an "Absentee Owner" basis. This is a great opportunity for a new owner. Seller has done a great job in setting this business up & getting it off of the ground over the past 5 years. Just got a approved for a new large account sales are going to grow tremendously!!!
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| Year
Business was Established: 2003 |
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| Number of Employees:
4 FT |
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| Facilities / Terms of Lease:
6000 sq ft located in an Industrial Park. Monthly rent $4,000. |
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| Potential
Growth/Expansion:
The sky is the limit! At this time only 10% of the sales are On Line sales. This could be increased. Also, getting more of the "chain store" accounts would increase sales. At this time he has one account that has 33 stores nation wide. |
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| Owner
willing to finance:
$125,000 dn; Bal @ 7 years; $1,886.59 month; 7% interest |
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| Owner
willing to train:
2 weeks |
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| Reason for selling:
Career Change |
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Seller Reference Number: bm1833854969
BusinessMart.com Listing Number: 37163 |
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