Business Overview

This enterprise distinguishes itself with a high quality, innovative line of space-saving furniture. Its reputation, strong marketing background and solid craftsmanship are its hallmarks. The business’ well-organized operation, solid joinery techniques and attention to detail give it an advantage over its competition. The workshop is fully equipped with a large variety of woodworking tools including a large SCMI Sliding Panel Saw, 5HP Industrial Dust Collection System, Industrial Planer, Large Horizontal Belt Sander, Oscillating Spindle Sander, Festool Sanding and Dust Extractor Systems, and much more. There is huge marketing potential and opportunity for growth through increasing its social media exposure and expanding its connection with designers, contractors, developers and more. Owners love their work but it’s time to retire and pass on the craft and joy to a new generation.

Additional Details:
* Located in gorgeous Northern California’s Wine Country, just an hour north of the Golden Gate Bridge
* The current rent for this 3,011 sq. ft. space is $1,950/month includes water and electricity
* Landlord will negotiate a new long-term lease with a qualified buyer.
* Shop is currently run by one Full-Time employee and a Full-Time Owner/Operator
* Hours of operation: Monday Friday 9:00am 5:00pm

* Company’s 2017 ProMaster Cargo Van Available at an additional cost.

Price Includes: Furniture, fixtures, equipment, goodwill, trade name, customer list and much more.

For more information or to schedule a private tour please contact the listing agent.

Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification & that of their financial &/or legal advisors with regard to this information.

Financial

  • Asking Price: $135,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A
Is Support & Training Included:

Owner will spend quality time to support and train new owner.

Purpose For Selling:

Retirement

Why is the Current Owner Selling The Business?

There are all types of reasons people decide to sell businesses. Nevertheless, the genuine factor and the one they say to you might be 2 completely different things. As an example, they might state "I have way too many other commitments" or "I am retiring". For numerous sellers, these factors stand. But also, for some, these may simply be reasons to attempt to hide the reality of transforming demographics, increased competitors, recent decrease in profits, or a range of various other reasons. This is why it is really crucial that you not count completely on a vendor's word, yet instead, utilize the seller's response along with your overall due diligence. This will paint an extra sensible image of the business's existing scenario.

Existing Debts and Future Obligations

If the current company is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your deal. Lots of businesses borrow money in order to cover things such as stock, payroll, accounts payable, etc. Keep in mind that in some cases this can mean that revenue margins are too thin. Numerous companies fall into a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may additionally be future obligations to think about. There may be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that have to be satisfied or may cause charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the area bring in brand-new consumers? Many times, companies have repeat consumers, which create the core of their everyday earnings. Particular variables such as brand-new competition growing up around the area, road building and construction, as well as employee turn over can impact repeat customers and also negatively influence future revenues. One vital point to take into consideration is the location of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Certainly, the more people that see the business regularly, the higher the chance to develop a returning customer base. A final thought is the general location demographics. Is the business placed in a largely inhabited city, or is it located on the edge of town? How might the local average home income influence future income potential?