Summary
- Asking price:
-
$1,700,000
- Sales revenue:
- $1,016,838
- Net profit:
- $235,763
- Years established:
- 24
- Employees:
- 11
Business description
Very good opportunity to own a SOLID manufacturing business in beautiful east Tennessee. Nice facility, large and very clean. Owner has the option of living on the premises in the attached condo. Current owner is semi-absentee. Business is also being offered for sale without Real Estate (see separate listing).
Property information
- Real Estate:
- Real Property Included
- Living accommodation:
- Owner has the option of living on the premises in the attached luxury condo, or lease it out (it has seperate and private entrance).
- Location:
- Very nice facility. Over 28,000 sq. ft. Space enough to handle double the current business. Also included is a large executive condo that is attached to the manufacturing plant.
Total real estate recently appraised for $985,000.
Other information
- Expansion potential:
- Expansion and growth potential are enormous. Currently all business is either repeat or referral, no salesman. A fulltime owner operator and or the addition of sale person would increase business dramatically.
- Competition / Market:
- This business has an excellent reputation in the industry. Customer base is diverse, top five customers make up 23% of business.
- Support & training:
- As needed.
- Reasons for selling:
- Owners retiring.
- Furniture / Fixtures value:
- $250,000
- Inventory / Stock value:
- $175,000