Manufacturer of high end corporate, education, medical and restaurant booths. Booths and seating. Designs, manufactures, and installs custom products in all sizes, configurations, and colors. Sales for Full Year 2016 reported by owner at $1,018,000 with adjusted earnings of $236,000. Several new accounts recently added in 2015. New customers and strong end markets driving growth. Twenty years of established profitable operations serving major branded restaurants, top northeast restaurants, casinos, major mill works, construction management firms and blue chip corporate clients. Very good quality financial statements. Well organized flow to manufacturing facility. No working capital issues due to deposit and construction contract payment terms. Also provides reupholstering and renovations.
Very few small manufacturers available for sale with the solid characteristics of this business. Potential very good fit with mill work seeking to selectively add high margin vertical service, wood product related manufacturer, of owner-operator seeking quality of life and cash flow.
Can also potentially work well for a wife-husband team with design and manufacture skill sets (either or both spouses).
Lease is month to month with option for long term lease. Or relocate if you have capacity and absorb overheads.
Asking Price $645,000
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