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Carpentry / Millwork Business For Sale
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $3000000
Net Profit / Cash Flow $250000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1995
Number of Employees 10 - 19
Inventory 200000
Relocatable Yes
Number of Employees 10 - 19
Real Estate Owned
Training Owner will stay on for 2 years as paid employee
Reason for Sale Retiring
Description Well established, Cabinet/High End Store Fixture Business for sale located near Bridgewater, NJ - This Millwork Business has been at this excellent location on busy Highway for 15 years and Owner is getting ready to retire. Asking $1,000,000 WITH ATTRACTIVE TERMS. (BUILDING IS NOT INCLUDED IN SALE) - Owner will lease 12,000 SF building for $6,000 a month. Sale of Business includes everything such as, all CDC machines, vans, box truck Clients/Accounts. etc. (approx. $500.000 owed to Company in Accounts Receivable to go directly to Owner towards asking price) Buyer will need to pay the balance of $500,000 - Terms - $250,000 Down - $125,000 payable at the end of the 1st year & $125,000 payable at the end of the 2nd year. Owner will stay on as a paid employee for 2 years for a smooth transition - Non Disclosure Agreement must be signed.
Building is a Well Maintained woodworking facility which has been remodeled over the years with loading dock, bathroom facilities additional storage space. Excellent office parking in front & rear of Building for 10 to 15 cars plus vans & Box truck. Shop and office area. Shop has all CDC machines to complete any custom application. Office area is complete with all computers & new wide format printer for drawings. TERMS for the lease of Building will be $6,000 per month.
Owner will stay on for 2 years as a paid employee to support and train new owner in all aspects of daily operations for a smooth transition. Introducing new owner to all venders, clients, GC's etc.
Company is an architectural Millwork firm who does high end custom architectural millwork fit-outs. Owner's reputation is second to none with all reputable Construction firms in the Tri-state area. Some of our projects include Empire State Building, Avery Fisher Hall, March Pharmaceuticals, Anheuser Busch, Ellis Island and Chase Bank. Business is located in a prime location on a busy Highway near shopping Centers & train station.
Call John @ 732-752-2296
Click Here To Contact Seller
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