Business Summary:
Middle Tennessee Pallet Company – 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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