Primary Category:Lumber & Wood Product Businesses for Sale
This second generation owner is ready to retire. They have succeeded in business for 73 years by delivering on the product promised at a fair price and reliable delivery. Customers have included the wholesale nursery industry, advertising display companies and outdoor furniture wholesalers and merchants. Four of the employees expected to remain have tenure of 15 years or more
Financial Information
$565,000
Asking Price
$183,751
Cash Flow
$567,739
Gross Revenue
Negotiable
Down Payment
Yes
Financing
Business Location
City:
Jemison
State:Alabama
Financing Comments
Owner will consider owner finance component to a qualified and vetted buyer
Reason for Sale
Seller wishes to retire
Detailed information
Year Established:1951
Home Based:No
Franchise:No
Relocatable:Yes
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 4
Part-Time Employees:2
Contractors:N/A
Owner Worked Hours/w:35
Adjusted EBITDA:
$118,389
Inventory Included: Yes
Inventory Value:
$35,000
Monthly Rent:
Negotiable
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 10000
FF&E Included?: Yes
FF&E Value: On request
Training/Support
Seller will provide full training and transition as part of acceptance price. Seller will also assist to coordinate the move of the company if the buyer decides to relocate
Facilities
A wood products manufacturing environment where the wood product is batch made in the same run to produce a finished product from using a pattern as the guide. These products are generally not considered reusable so are reordered on an as needed repetitive basis, often seasonally
Market Outlook/Competition
No direct competitors in Alabama
Real Estate Description
Free standing building with drive through loading for tractor trailer
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