Wood Manufacturer – Bargain Price

April 29, 2019

Manufacturing

Wood Manufacturer – Bargain Price

Asking Price:
$99,950

FF&E:
$120,000 included

Rent:
$1,275 /Month

Established:
1998

Business Description

Twenty year old wood manufacturing business offered as asset sale. Specializing in front and interior doors, cabinetry, displays, tables etc. Also constructs displays and cabinets with plastic. Equipment would cost hundreds of thousands if purchased new. Included here at a bargain price. Employees willing to remain. This would make an excellent add on to an existing manufacturing or home construction business. Full list of equipment available with signed NDA.

Detailed Information
Inventory: Included in asking price
Real Estate: Leased
Building SF: 11,000
Lease Expiration: 12/31/2019
Employees: 2
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: 11,000 Square feet of office and warehouse space

Competition:
Like many manufacturers in the US they cannot compete with China for mass productions. However there are many small batch and custom niches where this business would have a competitive advantage.

Growth & Expansion:
This business does little advertising and does not even have a website. There are many avenues in construction, furniture and showcasing were business could be grown substantially.

Support & Training:
One week at no cost. Seller willing to remain for longer period if needed. Long term employees willing to remain if needed

Reason for Selling: Retirement

 


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