Large-Scale Furniture & Component MFG in North Carolina! (38028)
Business Description
Found in a desirable area of North Carolina, this manufacturer focuses small-large scale production of high-end wood furniture & components for furniture manufacturing companies.
Opportunity includes plan drawings, trademarks, copyrights and trade secrets!
Products include Chairs and bases, tables, case-goods and more.
Established client network!
Projections of $1.5 Million for 2024; 2023 Revenues reached $1,509,429 holding Discretionary Earnings of $195,059.
Subject to appraisal, spacious production facility of 22,000 square feet is in fantastic condition, features office area, storage room, and a large manufacturing space dedicated to recurring projects.
The owner has maintained company size due to preference. Active as a PT office manager, business could be transitioned to absentee after a standard transitioning period.
Opportunities to maximize outreach: launch website, constant contact email campaigns, aggressive marketing programs and increased direct sales efforts.
As Lumber & Plywood inventory varies per job, inventory and accounts receivable are open for negotiation at time of sale.
Opportunity includes plan drawings, trademarks, copyrights and trade secrets!
Products include Chairs and bases, tables, case-goods and more.
Established client network!
Projections of $1.5 Million for 2024; 2023 Revenues reached $1,509,429 holding Discretionary Earnings of $195,059.
Subject to appraisal, spacious production facility of 22,000 square feet is in fantastic condition, features office area, storage room, and a large manufacturing space dedicated to recurring projects.
The owner has maintained company size due to preference. Active as a PT office manager, business could be transitioned to absentee after a standard transitioning period.
Opportunities to maximize outreach: launch website, constant contact email campaigns, aggressive marketing programs and increased direct sales efforts.
As Lumber & Plywood inventory varies per job, inventory and accounts receivable are open for negotiation at time of sale.
About the Business
- Years in Operation
- 25
- Employees
- 17
- Facilities & Assets
- Listing also includes current Receivables of $130K, site Improvements valued for $100K, and Project Varying Inventory. Property is available for Lease or separate purchase.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 22,000
About the Sale
- Seller Motivation
- Approaching retirement and/or pursuing other interests.
- Transition Support
- Business size is kept out of preference with a part time manager, to allow absentee ownership after a standard transitioning period.
- Financing Options
- Standard SBA-term financing will be negotiable for qualified buyers.
Listing Info
- ID
- 2274353
- Listing Views
- 1457
Listing ID: 2274353 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. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleNorth Carolina Businesses for SaleNorth Carolina Manufacturing Businesses for SaleNorth Carolina Furniture Manufacturing Businesses for Sale