This business is not located in Spokane County. but is in eastern Washington.
There are only a few businesses of this type in the Pacifica Northwest. The business has customers throughout Washington, Oregon, and Idaho. The business was founded in 1982 by the owners as a custom wood manufacturing business.The facility was modified as the progression of the business grew to accommodate the needed special equipment necessary to ensure the quality and artistry of the customers was met. In 2008 more equipment was added to upgrade the manufacturing. This opened up a new avenue for business. Quality, excellence and integrity have been the foundation and success of the business. They have a reputation for quality workmanship an on-time delivery.
The business does need to stock much inventory as the wood products are ordered as needed.
The business is a financial success and unique opportunity. It may be possible to relocate the business as the location is not paramount to the success of the business.
The price includes the equipment and inventory.
About the Business
Number of Employees:
Building Sq. Ft.:
The office and manufacturing facilities includes office space with a 7,500 sq. ft. manufacturing area and a 1,600 sq. ft. storage area. The owner of the business owns the real estate and will offer a lease for the new owner. The real estate is not for sale in this summary. If the new owner has a location they would like to move the business to the sellers are fine with moving the business if the sale is a cash-out. The owners believe they could increase revenue by about fifty percent without any changes to the facility. The equipment is properly maintained and in excellent condition. The business has six employees and two full time working owners. One works in the shop while the other in the office.
This is difficult business to enter as it requires specialized and expensive equipment and skilled employees and knowledge of the industry. This is a niche manufacturing business with few competitors.
Growth & Expansion:
The business does not have a business web site which could increase sales. Also the business could use an outside sales force.
The owners will offer the necessary training to ensure a smooth and seamless business ownership transition.
Ad Detail Views:
Asking Price: $425,000 Gross Revenue: $750,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $8,000 included in asking priceFF&E: $250,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
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