MergerPlace

Internet Wood Storage Unit Manufacturing

Cincinnati, Ohio (Hamilton)


  • Asking Price: $280,000
  • Gross Income: $273,000
  • Cash Flow: $128,000
  • Real Estate: Not Disclosed
  • Inventory: $20,000
  • FF&E: $15,000
  • Listing ID: #205227
  • Established: 1988
  • Employees: 1

Business Description

This is a manufacturing company located in southwestern Ohio that manufactures solid – oak storage units and sells them through the internet. The units are hand crafted and shipped fully assembled for the customer’s convenience. The current owner is in his mid - sixties and wishes to fully retire from the company that he founded over 30 years ago. This company has been approved by Amazon so customers can now order through Amazon and over 25 additional websites. The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition.

Virtually no receivables
SBA Pre – Qualified for a loan
Custom manufacturing offered
Price includes $15,000 of equipment
Growth through expansion of offerings
Excellent bookkeeping – all numbers are verifiable


Business Details

Primary Business Category: Manufacturing - Wood Products
Location: Ohio
Metropolitan Area: Cincinnati
County: Hamilton

Company Information

Year Established: 1988
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1

Financial Information

Asking Price: $280,000
Gross Revenue: $273,000
Cash Flow: $128,000
EBITDA: $128,000
FF&E: $15,000
Inventory: $20,000
Seller Financing Available: No

Property Information

Facilities:

The company operates out of a 3,200 square foot facility that is well equipped to handle any of their needs.

Growth & expansion opportunities:

The company will continue to grow through their relationship with Amazon and other websites. Seller also suggests building wine racks, quilt displays, etc. to expand their current offerings.

Competition:

There is competition in this industry, but the company’s level of service and quality of workmanship separates itself from all competitors.

Reason for selling:

Seller is 67 years old and wishes to retire.

Support & Training:

The seller will stay on as long as necessary to ensure the comfort level of the buyer.

Contact Business Seller

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Business Listed By:

Dan Long

Cincinnati Business Brokers