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Woodworking Shop for Business to Business Firms

Broward County, Florida

Asking Price: Gross: Cash Flow:
$2,250,000 $1,067,356 $224,239

Furniture and Fixtures Value:
$150,000 (included in the asking price)

Inventory Value:
$12,500 (included in the asking price)

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

Business Summary:
Woodworking Shop for Business-to-Business Firms. Specializes in creating fixtures and displays for companies to install in retail locations. Serves major retailers throughout the United States. Started by the owner's father and eventually bought by the current owner, his son. Now run by the son who grew up in the business. There are several manufacturers in the country who specialize in this field, but none is competitive with this company. Company has expanded during the past 12 months and will continue to expand as customer demand continues. Pleas refer to listing #0101-164263, Agent Howard Schulman when inquiring about this listing. Thank you!

 
   
   
Year Business was Established: 1981
   
Number of Employees: 12 FT  
   
Facilities / Terms of Lease: Type of Location Industrial Facilities Office and two warehouse bays Monthly Rent $5,400.00 Square Units (Foot, Meter) 5,200 Lease Expiration Date December 31, 2023, 3:00:00 AM Terms Options Negotiable  
   
Potential Growth/Expansion: Potential Growth Company has expanded during the past 12 months and will continue to expand as customer demand continues.  
   
Competition: Competitive Overview There are several manufacturers in the country who specialize in this field, but none is competitive with this company.  
   
Owner willing to finance: Owner Financing Terms $1,000,000.00 Owner Financing Interest 6% Owner Financing Terms Months 60 Owner Financing Monthly Payment $19,332.80  
   
Owner willing to train: Will train for 2 weeks @ no cost.  
   
Reason for selling: Other Business  
 

 

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