Middle Tennessee Pallet Company For Sale

Business description

Middle Tennessee Pallet Company – A successful pallet manufacturer located in Middle Tennessee can be purchased at an economical price. This nine year old company is located some distance from Nashville. The Seller is currently reducing his labor and production costs and increasing his capacity by purchasing and using more automated equipment in the pallet production process. The operation includes a sawmill, which permits the company to take in logs from recently cut trees and turn them into finished pallets, all under one roof. Due to medical considerations, the Seller is motivated to sell.

Furniture, Fixtures, & Equipment: $ 319,000
Vehicles and / or rolling stock: $ 40,000
Inventory: $ 30,000
Accounts Receivable (if included): $ -0-
Land and Building (if included): $ 485,000
Other Assets: $ -0-
Current Liabilities to be assumed: $ -0-
Current Notes to be assumed $ -0-
Asking Price: $ 570,000
Down Payment: $ 85,500
Annual Sales Volume: $ 1,305,000
Cash Flow: $ 65,000

Property information

Real Estate:

Real Property Included

Location:

Middle Tennessee

Premises details:

60,000 sq. ft. building on 7 acres.

Size in square feet:

60,000

Other information

Expansion potential:

By increasing the level of automation, the Seller is increasing capacity while reducing labor and construction costs.

Competition / Market:

This company is getting stronger and stronger relative to potential competitors.

Support & training:

Seller will train for one month for free.

Reasons for selling:

Health problems.

Trading hours:

Monday - Friday, 7:00 am - 3:30 pm

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

The Seller is willing to provide modest financing only if required by the Buyer's Lender.

Furniture / Fixtures value:

$359,000 (included in the asking price)

Inventory / Stock value:

$30,000 (included in the asking price)