Highly Successful Maine Woodworking Business

Undisclosed Address, Maine
Business Opportunity for Sale
Catylist Listing ID: 30753089
Property Subtypes: Manufacturing
Building Size (RSF): 3,500 SF
Sale Price: $384,000
Gross Revenue: $686,300 (Annual)
Cash Flow: $224,300 (Annual)
Last Updated: 9/14/2021

Overview / Comments

This highly successful woodworking business dominates its market. The new owner(s) will benefit from the following:
• Great profit margins.
• Consistent repeat business.
• High customer satisfaction.
• Bulk of sales are driven by word of mouth and internet searches.
• Highly visibility retail location.
• Consistent annual growth.
• Seasoned, master craftsmen on staff.

Additional Details

Industry Segment: Other Manufacturing
Reason for Selling: Owner is retiring.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $282,000
Employee/Labor Description: 4 FT (Including owner)/1 PT
Mgmt/Training Support Description: Current owner wants the business to be a success for the new owner, its employees, and customers. As such is willing to assist in the training and transition of the business.
Competition/Market Description: This business has no direct competitors.
Growth/Expansion Opportunities: The current owner recommends ramping up advertising in areas and franchising or adding locations. This business is ready for the next owner(s) to take it to the next level through expansion and modernization. The demand is there!

Contact

Photograph of Listing Agent

Scott Balfour

Magnusson Balfour Commercial & Business Brokers
NECPE Member
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