Description

Cabinet and Wood Products Manufacturer for sale in Louisville, Kentucky. Business has been successful Cabinet and Wood Products Manufacturer for sale in Louisville, Kentucky. Business has been successful and profitable for over 30 years. Owner is looking to retire but will transition and train new owner and is open to stay on in a part time sales and consulting position. Current owner does no marketing or advertising and relies on referrals and word of mouth based on their reputation established over the past 30 years. These referrals will continue after sale. This is an ideal situation for a buyer to continue the business as it has been the past 30 years with the Founder available for consulting and to help grow the business.

Sales $2,000,000, Cash Flow $300,000. Business only for sale at $1,100,000. Large new building and real estate available for sale valued at $1,100,000. Also receivables and work in process inventory available for sale currently valued at $400,000. Total turnkey asking price including building, land, receivables, work in process, and all other business assets and goodwill is as follows:


Real estate $1,100,000
Business assets $400,000
Goodwill $300,000
Receivables and WIP inventory. $400,000

Total $2,200,000

Modern building only 10 years old and large enough to handle business to the $6,000,000 annual sales level. Plenty of room to almost triple sales.

Total turnkey Business has been approved for an SBA loan with about $140,000 in annual debt service for a qualified buyer with a $550,000 down payment.

Quality manufacturing businesses with a strong growing customer base like this are very hard to find.

Posted Apr 3, 2015

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