Wood Millwork business
Muskegon County, MI
Asking Price: | $90,000 |
Inventory: | $1,000 |
Established Year: | 2020 |
Gross Revenue: | $200,000 |
FF&E: | $73,000 |
Listing ID: 2224128Listing provided by BizBuySell
BUSINESS DESCRIPTION
The company does custom molding, , sawing and other services for lumber yards, manufactures and contractors.
DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,000
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Housed in a rented facility containing 5000 sq. ft. on a month to month basis Equipment is well maintained and sufficient to achieve a much higher level of sales.
Competition
The company has experienced a drop in revenue due to the health of one owner and his departure form the business. This also resulted in the loss of a major customer. It is believed that a new owner may be able to re reengage with this customer.
The remaining partner is employed elsewhere and only is able to devote partial time to the business. He believes that there is additional of business to be had utilizing the customers they have had and continue to have.
Growth & Expansion
Sufficient equipment and space are available to grow the business Growth should be obtained by some marketing and making potential customers aware that the company has capacity to perform.
Financing
Seller may cooperate to some degree in order to facitae SBA finacing.
Support & Training
Seller would assist buyer in order to insure a smooth transition.
Reason for Selling
Employed elswhere.
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