Business for Sale
ABBAA
INCORPORATED
Asking Price: $925,000 USD USA Dollars
Industry: Manufacturing: Wood, Stone, Concrete
# of Employees: 9
Yearly Cash Flow: $265,000
Yearly Net Profit: $265,000
Yearly Gross Income: $1,200,000
Overview:
This business has built a strong reputation for quality and customer service. The business has modern equipment and skilled long-term workers. With many new projects on the horizon, the business is in a position to show substantial growth. The financials are very clean with several years of consistent profit. The business has other unique aspects that create barriers to competition that will be disclosed after prospective buyers have signed a non-disclosure agreement. Broker has discussed the business with several SBA lenders and the business and real estate should qualify for SBA lending. It is not often that you will find a business like this come on the market. The real estate is also for sale at $750,000. It is a very nice facility of approximately 9,000 square feet and the owner pays self approximately $40,000 rent in addition to the $265,000 in earnings. The business has existed over 15 years and most of the employees have been with the business for a long period of time (5 to 10 years). The employees have the ability to do all of the technical aspects of the business.
Property Features and Assets:
The business is located in a very nice industrial park with quick access to an interstate. The building is approximately 9,000 square feet and has been completely re-done. It is an extremely nice facility with an impressive showroom and well designed and organized shop area. The building has a fire suppression system.
Additional Details:
The property is owned.
The owner is willing to train/assist the new owner.
The owner may be willing to work for the new owner.
This is not a homebased business opportunity.
This is not a franchise resale opportunity.
This is not a distressed business or bankruptcy situation
Wood Products Manufacturing
Hampton Roads, VA, USA
1-800-843-2658
