Woodworking Crafts and Supplies
Location: Colorado > El Paso County > Colorado Springs
Industry: Professional Services > Other Professional Services
Financials
Asking Price: $279,000
Gross Revenue: $259,463
Gross Revenue Comments: 2007 Gross Revenues
Cash Flow: $55,614
Cash Flow Comments: 2007 SDE
Inventory: $125,000 (Included in Asking Price)
FF&E: $25,000 (Included in Asking Price)
Business Summary
This business offers woodworking enthusiasts a source for wood veneers, edge banding, large assortment of exotic and domestic hardwoods along with a variety of wood crafting products. This well established business has a history of providing woodworkers with quality products. The store offers an exclusive line of English carving tools, saw blades, CMT router bits and timber working tools. This business has wholesale distributor agreements and caters to a large retail customer base. If woodworking is your passion and owning your own business is important to you and your family then consider taking your knowledge and skills to the next level. This non-franchised retail store offers a full line of woodworker’s products along with a functional woodworking shop for cutting, sanding, and milling, boring and assembling wood related items. This is a unique opportunity for the individual that loves working in a retail woodworking industry.
The current owner relocated from San Diego, California five years ago from a white-collar position in Corporate America. He researched several retail businesses before selecting one that paralleled his passion for woodworking and people. This business is celebrating its 25th year in business and attracts the majority of customers through referrals, yellow pages and its website.
The current owner relocated from San Diego, California five years ago from a white-collar position in Corporate America. He researched several retail businesses before selecting one that paralleled his passion for woodworking and people. This business is celebrating its 25th year in business and attracts the majority of customers through referrals, yellow pages and its website.
About the Business
Year Established: 1988
Employees: 2 part time
Market Outlook and Competition: A new owner could add architectural mill-working; market to custom home builders and cabinet makers its variety of wood veneers and its specialty brands of exotic and domestic hardwoods. The custom wood flooring installers market has not realized its potential and custom flooring inlays and designs could be add to the product mix.
About the Sale
Management Training and Support: Negotiable as required by purchaser
Reason For Selling: Owner wishes to seek a new business opportunity
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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