Construction - Special Trades | Mfg. - Lumber and Wood Products

$Seller Financing Available

Asking Price	$200,000	Inventory	$10,000*
Gross Income	$300,000	Real Estate	$300,000**
Cash Flow	$30,000	Year Established	1997
FF&E	$280,000*	Employees	5

* included in the asking price

** not included in the asking price

Manufacturer of custom residential cabinetry. Combines artistry and craftsmanship with cutting-edge technology to create cabinets designed to meet client specifications. Attention to detail, impeccable service, timely delivery and a premiere product have won the company an excellent reputation and a solid customer base. Company has generated a revenue average of $400,000 between 2005-2007. In 2008 the firm experienced a revenue slowdown which mirrored the housing market, primarily due to a major contract that was discontinued because of lost financing (as a result of the November credit melt-down). Target buyers: an individual buyer with entrepreneurial energy and management skills; or a firm seeking to expand its market while gaining a well-designed facility with excess capacity. Solid history, excellent reputation, dynamic future.

Facilities: 5700 sq ft intelligently-designed shop and office, asphalt parking lot on 2.5-acre landscaped site near major highway; full-line current technology wood production equipment; firm has equipment and space to double production without additional capital outlay.

Competition: Normal competition.

Growth/Expansion: Company has mix of new construction and remodeling clients which has allowed it to be consistently profitable in the current housing downturn. CNC router is under-utilized--could be used for contract work.

Seller Financing Available: Yes

Financing: Would consider some seller-financing for qualified buyer.

Support/Training: Seller will train buyer to insure successful transition; would consider remaining with company as consultant, employee.

Reason Selling: Owner is good at start-up---firm needs additional expertise for mid-term growth.