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Internet Wood Storage Unit Manufacturing Company for sale in Cincinnati, OH

Cincinnati, Ohio (OH)

Asking Price: Gross: Cash Flow:
$ 280,000 $ 273,000 $ 128,000

Furniture and Fixtures Value:
$ 15,000 (included in the asking price)

Inventory Value:
$ 20,000 (not included in the asking price)

Business Summary:
This is a manufacturing company located in southwestern Ohio that manufactures solid – oak storage units and sells them through the internet. The units are hand crafted and shipped fully assembled for the customer’s convenience. The current owner is in his mid - sixties and wishes to fully retire from the company that he founded over 30 years ago. This company has been approved by Amazon so customers can now order through Amazon and over 25 additional websites. The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Virtually no receivablesSBA Pre – Qualified for a loanCustom manufacturing offeredPrice includes $15,000 of equipmentGrowth through expansion of offeringsExcellent bookkeeping – all numbers are verifiable

 

   
Year Business was Established: 1988
   
Number of Employees: 1  
   
Facilities / Terms of Lease: The company operates out of a 3,200 square foot facility that is well equipped to handle any of their needs.  
   
Potential Growth/Expansion: The company will continue to grow through their relationship with Amazon and other websites. Seller also suggests building wine racks, quilt displays, etc. to expand their current offerings.  
   
Competition: There is competition in this industry, but the company’s level of service and quality of workmanship separates itself from all competitors.  
   
Owner willing to finance: SBA loan is available  
   
Owner willing to train: Yes  
   
Reason for selling: Retirement  
   
Seller Reference Number: 3118del
BusinessMart.com Listing Number: 224062
 

 

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For more info contact:

Dan Long

Cincinnati Business Brokers
513-315-3006

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