Wood Products Manufacturer In Pennysylvania For Sale

Business description

The 2010 tax return shows a loss of $78k. If we add back rent the owner paid himslef, the owners cmpensation depreciation and interest expense we show a positive cash flow of $190k. If the labor costs of 2010 had been reduced to the same % of sales it had been in 2005 the 2010 cash flow would be $615k.

The bubble burst so quickly and unexpectedly the owner was unable to adjust quickly enough.

Property information

Real Estate:

Real Property Included

Business Operation

Expansion potential:

There are several new profit centers that can and should be added. The real estate is on 10 acres and 40k sq ft. Due to the downturn it only needs about 25% of that space.

Competition / Market:

The customer list is large and diverse. Sales declined universally. Business was severly damaged by the housing bubble. It has reached its low point and has stabalized to show profit.

Reasons for selling:

Owner wants to do something else.

Employees:

14

Years established:

1985

Other information

Support & training:

Owner will stay for a smooth transaction.

Relocatable:

This business can be relocated.