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Woodworking- 60 Yrs. in Business- Only $99,999 Down

New Jersey

Asking Price: Gross: Cash Flow:
$599,999 $1,473,104 $303,007

Furniture and Fixtures Value:
$20,000 (included in the asking price)

Inventory Value:
$5,000 (included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
Motivated Seller Looking to Retire after 60 Years!Over $300k Cash Flow - Seller Financing - Buy now with only $99,999Orders are Fully booked beyond January 2025!Don't miss this incredible opportunity to acquire a well-established and highly profitable custom kitchen manufacturing business with a 68-year reputation for excellence. This business specializes in crafting high-quality cabinetry for kitchens, bathrooms, and other living spaces serving clients throughout the New York Metro Area. With almost all work driven by customer referrals and repeat clients, this business is well situated for the right owner to scale its profitability even further. The longevity of the business speaks volumes about its high standard of craftsmanship and service. There are almost no marketing costs and sales are continuing to grow in 2023! The business operates out of a spacious, 5,800-square-foot building that accommodates both factory and showroom capabilities. An in-house design agent provides a personalized touch offering at-home consultation. If needed, the seller will create a multi-year commercial lease for a new owner. Alternatively, the building and the land can be purchased for an additional amount. After more than 60 years in the business, the seller is looking to retire and pass on this legacy to someone who will continue the tradition of craftsmanship.SERIOUS INQUIRIES ONLY PLEASE. All inquiring parties will be required to complete a confidentiality agreement and financial statement before receiving any additional information.SELLER FINANCING for a well-qualified buyer with industry experience!

 
   
   
Year Business was Established: 1955
   
Number of Employees: 3 FT  
   
Facilities / Terms of Lease: 5,800 square foot factory and showroom in a prime commercial space in NJ.  
   
Potential Growth/Expansion: Large growth potential for cabinet manufacturing or local remodeling services. Most customers are from referrals and the business does little or no advertising.  
   
Owner willing to finance: $99,999 down/$500K over 60 mos. @ 7%.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: The owner retiring after 68 years.  
 

 

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