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- RE: Woodworking- 60 Yrs. In Business- Only $99,000 Dwn
- Contact: Darren Smith
Quick Facts
Asking Price: | $399,000 | |
Annual Revenue: | $1,473,104 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $303,007 | |
Total Debt: | Not Disclosed | |
FF&E: | $20,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1955 | |
Employees: | 3 | |
BBN Listing #: | 56174955 | |
Broker Reference #: | 3408-17975 |
Business Overview:
- Significant Cash Flow: Over $300K annually, showcasing strong financial performance.
- Seller Financing Available: Acquire this business with only $99,000 down, making it accessible for serious buyers.
- Fully Booked Orders: Orders are already secured beyond January 2025, ensuring immediate revenue.
- Outstanding Reputation: The business’s long-standing reputation for excellence has resulted in a loyal customer base with almost all work driven by customer referrals and repeat clients.
- Low Marketing Costs: The high level of customer referrals means that the business incurs almost no marketing costs, yet sales continue to grow.
- Spacious Facility: The business operates out of a 5,800-square-foot building that includes both factory and showroom capabilities, providing ample space for operations and customer interaction.
- Personalized Service: An in-house design agent offers at-home consultations, adding a personalized touch that clients appreciate.
- Flexible Real Estate Options: The seller is open to creating a multi-year commercial lease for a new owner or selling the building and land for an additional amount.
- Scalability: With the business’s solid foundation, there is ample opportunity for a new owner to scale operations and increase profitability further.
- Expansion Potential: The business’s excellent reputation and high standards of craftsmanship provide a strong platform for expanding into new markets or service areas.
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Property Features and Assets:
5,800 square foot factory and showroom in a prime commercial space in NJ. Assets = $25,000.
Market Competition and Expansion:
Large growth potential for cabinet manufacturing or local remodeling services. Most customers are from referrals and the business does little or no advertising.
Reason for Selling:
The owner retiring after 68 years.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more New Jersey businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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