Commercial Casework & Millwork Business For Sale
Location Tennessee,United States
Asking Price Range $250K - $500K
Gross Revenues $700000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1965
Number of Employees 6 - 9
Inventory $233000
Relocatable Yes
Number of Employees 6 - 9
Real Estate Leased
Training Yes if needed.
Reason for Sale Wanting to retire.
Description Due to owner wanting to retire this casework and millwork business is being sold. Scope of past projects include: hospitals, doctor and dental offices, restaurants, assisted living facilities, churches, schools & colleges, historical renovations, etc. Business operating since 60's has proven itself a recession-proof business operating through the 80s recession & again this recession. Business has a proven record of producing net profits over $100K in a year during the height of this past recession. Annual sales through the recession have consistently remained in the $575K to $750K range with pre-recession annual sales over of $1.2 million. Currently the business is set up & operating out of a 12,000 sq ft leased facility near Nashville, TN. Equipment includes, but not limited to: 5 head Weinig molder, Weinig tooling grinder, molding profile knives, rip saw, 2 dust collectors, forklift, digital Holtzer panel saw, smaller panel saw, 20" planer, Brandt edge bander, many types of large saws, shaper, boring machines, hinge boring machine, 36" wide belt sander, air compressor, lg band saw, table saws, electric pallet jack, case clamp, plastic laminating shop for tops, etc, router tables, 2 spray systems, installation tools. All saws & machines have been well maintained replacement tooling for almost all machines. 4 vehicles including 24' International box truck, Chevy 14' box truck, Ford cargo van, and a Chevy pickup truck. All inventory. Office equipment, HP plotter, drafting tables, computers, software (including estimating software),web site, etc. In the last few months alone we have bid close to $1million in new projects most of which are still open to be awarded. We continue to bid daily. Bids will be included in sale. We are still in operation with projects under contract. Included is entire customer base. We are pricing the business for a quick sale at $379,900.00. Serious inquiries. Contact us Ph. 724- 822- 64 six two
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