Home Furniture / Furnishings
Location Massachusetts,United States
Asking Price Range $250K - $500K
Gross Revenues $360000
Net Profit / Cash Flow $212400
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2001
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Personal.
Description Very profitable wood work build/install in residential and commercial - touch up, refurbish, refinish, paint and repair kitchen & bath cabinets, furniture including antiques, and woodwork. If it's made of wood, we can restore it. Seller will stay on to train and also provide new owner with 100,000 financing up to 5 years at 5%. Financials are verifiable. Residential and commercial. On the residential side are kitchen cabinets, furniture and antiques. Restoring kitchen cabinets is the most lucrative; restoring antiques is the most fun. The business is generating about $360K annually. It has great potential for huge growth to an ambitious energetic person. I would like about a year's gross so I can afford to retire. I will train the buyer extensively, not only in this craft, how to close sales, how to estimate, how to manage the employees and the business. The business is presently on my property. I would rent the building for a limited period of time until the buyer feels comfortable to move it. 1999 Chevy Van, Large Spray Booth, all inventory (finishing materials) included in purchase price.
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