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Managing Owner for Wood Service Business

Morris County, New Jersey

Asking Price: Gross: Cash Flow:
$269,000 $338,159 $151,167

Furniture and Fixtures Value:
$54,300 (included in the asking price)

Inventory Value:
$1,000 (included in the asking price)

Business Summary:
Need a managing owner for niche wood surface cleaning/repairing/resurfacing business. Business has an extremely loyal, key employee who does the majority of the labor operations. Business has franchise rights to all of Morris County. Business grew too fast for owner and he doesn't have time with his other full-time job to keep this going. Owner is organized and has records to backup the business. For further information regarding this business please contact Bryan Kabot at 908-851-9040 Ext. 278.

 
   
   
Year Business was Established: 2006
   
Number of Employees: 2  
   
Facilities / Terms of Lease: 1,000 sq. ft. shop. Leased at $700 a month (May not be needed)  
   
Potential Growth/Expansion: Plenty – commercial business is untouched. Many residential areas in Morris County.  
   
Competition: This is a specialized process for cleaning and renewing wood  
   
Owner willing to finance: 3 years at 6%  
   
Owner willing to train: 2 months  
   
Reason for selling: To busy with full-time job to work this one with growth  
 

 

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