Internet Wood Storage Unit Manufacturing Company

Cincinnati, OH (Hamilton County)

Internet Wood Storage Unit Manufacturing Company
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Asking Price: Get Financing: $280,000

Cash Flow: $128,000

Gross Revenue: $273,000

EBITDA: $128,000

FF&E: $15,000

Inventory: $20,000*

Lease Rate: N/A /SF

Established: 1988

*not included in asking price.

Internet Wood Storage Unit Manufacturing Company

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Business Description

Internet business

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

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company operates out of a 3,200 square foot facility that is well equipped to handle any of their needs
Competition:
There is competition in this industry, but the company’s level of service and quality of workmanship separates itself from all competitors.
Growth & Expansion:
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.
Support & Training:
The seller will stay on as long as necessary to ensure the comfort level of the buyer.
Reason for Selling:
Seller is 67 years old and wishes to retire.
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Dan Long

Business Listed By:
Dan Long

Cincinnati Business Brokers

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