Mfg. - Lumber and Wood Products

$Seller Financing Available

Asking Price	$200,000	Inventory	$15,000*
Gross Income	$322,000	Real Estate
Cash Flow	Not Disclosed	Year Established	1998
FF&E	$50,000*	Employees	2

* included in the asking price

** not included in the asking price

Anchor Hardwoods has been providing reclaimed lumber to clients worldwide for many years. With over 40 different woods in stock from many different parts of the world they have accumulated an extensive customer list of over 4,000. Antique heart pine flooring accounts for approximately 60% of the business. They also carry a full line of marine plywood, teak and mahogany for the marine industry. Reclaimed or antique lumber is used primarily for decoration and home building and is often used for architectural details, cabinetry, furniture, and flooring. Reclaimed lumber is popular for many reasons: the wood s unique appearance, its contribution to green building, the history of the wood s origins and the physical characteristics such as strength and durability. Most reclaimed lumber comes from timbers and decking rescued from old barns, factories, and warehouses. Reclaimed lumber is typically more expensive than new lumber primarily due to expenses associated with dismantling, sorting, and preparing the wood. Anchor hardwoods has a complete milling shop with a horizontal resaw, 24 helical head planer, 16 jointer, 24 belt sander, straight line rip saw and Rockwell unisaws. They offer custom milling services allowing you to get the product you are looking for custom made to fit your project. Reclaiming vintage lumber is one of the truly green businesses that can be run successfully in this challenging economic environment.

Facilities: The 10,000 sq ft. building houses a complete milling shop that is well equipped to handle any custom milling job the vintage timber s require. It housesthe wearhouse, offices and woodshop. It is currently leased for $2,300 per month and is assumable.

Competition: Only exotic wood dealer in the area with minimal competition. LOcated on a busy section of town with heavy drive by traffic.

Growth/Expansion: Growth is unlimited. The "green" aspect of the business demands constant growth.

Seller Financing Available: Yes

Financing: seller will cary note for $70,000 for 48 months @ 8%

Support/Training: Seller will provide training for 30 days

Reason Selling: Retirement