Listing Number: 13485-961451
Description
This Furniture Manufacturer Entered the US Market in the mid-70's and is Known for Making a Premium "Made In USA" Product Line.
Machinery & Equipment Appraisal Conducted on June 12, 2022, with a Valuation of $2,762,400.
Inventory (at cost) Value Estimated at $400,000 as of 06/12/22.
Real Estate - Over 100,000 sq.ft. of Industrial Office, Production and Warehouse Space on 16+ acres Tract of Land, with Plenty of Space to Expand the Facility. 2022 tax value of $3,807,324.
40 Employees, with 50% of Them Having 10+ Years Tenure.
Seller is Willing to Stay on for a Period of Time to Train and Introduce Buyer to Suppliers, Clients and Staff.
This is the PERFECT Facility to Expand Your Production Capacity, while Adding a NEW Product Line and Much Needed Production and Sales Staff.
Listing Details
- Price: $ 6,250,000
- Down Payment: $6,250,000
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 6,884,275
- Location: Virginia
- Inventory: $ 400,000
- FF&E: $ 3,500,000
- Employees: 40
- Year Established: 1976
- Reason for Selling: Retirement
- Category: Manufacturing
