Listing Number: 49532-534370
Description
High-End Furniture and Custom Woodworking Shop
Location: Maine
This is an excellent opportunity to own a successful high-end woodworking business specializing in residential furniture. The business has been in operation for 25 years and has a loyal customer base. The business has little advertising and relies on word-of-mouth and repeat business. The business has two employees and generates $500,000 in sales annually. The raw lumber and sheet goods inventory value is $60,000 and the owner earnings are $98,500. The woodworking machinery / assets of the business are valued at $158,000 and are included in the sale. The real estate is available separately. The owners will train the new owner for 1-3 weeks. The business is a turnkey operation and is ready for immediate ownership.
The business is located in a prime location in Maine.(business does not have or own a showroom). The business has all the necessary equipment and machinery to produce high-quality custom cabinets and furniture. The business has a strong reputation for quality and customer service.
This is an excellent opportunity for someone who is looking to own a successful business in the custom cabinet and furniture industry. The business has a proven track record of success and is ready for immediate growth.
25 Years in Business
Little Advertising
Loyal Customer Base
2 Employees
$500,000 in Sales
$60,000 in Inventory - Value is separate from the business value
Owner Earnings $98,500
Assets valued at $158,000 and included in sale
Real Estate available separately
Owners will train 1-3 weeks
Turnkey Operation
Real Estate is offered by Jonathan Tindal of Tindal & Callahan Real Estate
Listing Details
- Price: $ 220,000
- Down Payment: $220,000
- Sellers Discretionary Earnings: $ 98,500
- Total Sales: $ 500,000
- Location: Maine
- Inventory: $ 60,000
- FF&E: $ 157,000
- Employees: 2
- Reason for Selling: retirement
- Category: Manufacturing
