Woodworking Manufacturer For Sale

Business description

One of the top cabinet manufacturers in Northern Utah. Business is based in a 12,000 square foot facility where they have the space and equipment for almost any size project.
Included in the sale are assets of nearly $425,000. A complete equipment list is available at Business Resource Center SLC. Included in the equipment is CNC technology and three vehicles.
Current owners are willing to stay on if the new owner wants to utilize their skills and expertise. Owners are also willing to consider a partnership agreement.
Sales can be greatly increased with a new owner who has additional capital. Current owners are under capitalized and they had to turn away several jobs due to capital restraints. They currently have seven additional jobs currently in the bidding process.
This is a tremendous opportunity to own this great manufacturing company.

Property information

Real Estate:

Lease

Lease terms:

$3,480 per month

Location:

Located in an industrial area in a 12,000 square foot facility

Other information

Expansion potential:

Sales can be increased significantly if owner has available working capital.

Support & training:

80 hours. Owners are willing to stay on and will also consider a partnership agreement.

Reasons for selling:

Under capitalized

Trading hours:

7:00-5:00 Mon-Fri

Financing available:

$400,000 down and seller will finance $195,000 at 7% for 60 months. All cash price of $525,000

Furniture / Fixtures value:

$424,900 (included in the asking price)

Inventory / Stock value:

$40,000 (included in the asking price)