Sawmill in Northern New England - SOME SELLER FINANCING POSSIBLE
| Asking Price: | $295,000 |
| Gross Revenue: | $327,000 |
| Real Estate: | $200,000 |
| Cash Flow: | $128,000 |
| FF&E: | $500,000 |
| Established Year: | 1963 |
***Confidential listing, not in indicated city***
This is a successful, small-scale sawmill that specializes in producing cedar boards and from 1x3 furring strips to 16 by 16 lumber. The mill produces 3,000 - 4,000 board-feet per day and can process both hardwood and softwood.
Logs are stored in the yard and then transported into the mill. One log at a time is fed into the mill, where the depth of cut is selected, and lasers show the cut line.
Lumber is cut and sorted by size. Scraps and sawdust are collected for sale. Nothing goes to waste!
The business runs for 7 months and closes down in the winter. Employees go to pick up snow plowing or other work and return in the spring.
Customers include home builders, log cabin companies and retail cedar buyers.
Financials
Asking Price: $295,000
Gross Revenue: $327,000
Cash Flow: $128,000
Real Estate: $200,000 (Might be available. Incidental to the sale of the business, subject to commercial appraisal. Additional to the sale price.)
FF&E: $500,000 (included in sale price)
Business Details
Year Established: 1963
Employees: 2 FT, 1 PT + sporadic owner labor
Payroll: $42,369
Disclaimer: Information and financials provided by the sellers and Inbar Group has not audited them.
