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Manufacturer of specialty home products in rapidly growing Middle TN!Rutherford County, TN
Seller Financing is an option for a qualified buyer at the Seller's Discretion.
Asking Price: $590,000
Gross Revenue: $1,032,797
Cash Flow: $212,865
FF&E: $195,696 (Balance Sheet)*
Inventory: $15,000 (not included in asking price)
Rent: $7,245 per Month
Established: Over 30 years in operation
* Allocation of Sales price assigned to FF&E will be significantly less that balance sheet cost.
Business Description
Well known best in class manufacturer of custom home products. Owned and operated to rigorous standards of performance for over 30 years. Builds products for all range of home sizes and businesses and price points, specializing in higher end market. As such, is the leading provider of product to both the homeowner and also builders and remodelers. Diverse customer base. Serves Nashville, Williamson County, Rutherford County and the surrounding Middle Tennessee areas with tremendous potential to expand into broader region and even other states. Experienced and loyal employees.
Six Reasons to Buy this business:
1. Reputation earned over 30 years for the production and installation of high-quality product.
2. Skilled and experienced team of manufacturing and installation specialists
3. Six-week production cycle from initial consultation to delivery
4. Efficient in-house manufacturing plant
5. Hugely discounted price on business given owners' change in family plans. In 2018, 2019 and 2021, the business generated over $200,000 in cash flow to the owners.
6. Scalable opportunity.
Detailed Information
Detailed Information
Location: Rutherford County, TN
Inventory: ~$ 15,000. Not included in asking price.
Real Estate: Leased
Building SF: 11,000
Employees: 11
Furniture, Fixtures, & Equipment (FF&E): Included in asking price. Replacement value ~$120,000. TBD.
Facilities: Facilities include a 11,000 square foot manufacturing area housing the woodworking and
assembly shop and a 1,000 square foot office and administration space. All construction and finishing
take place at plant. Showroom upon entering facility.
Competition: There are no other custom manufacturers in the area providing a similar product of such high quality and as custom as this product is. There is some product of lower quality available through budget shops and big box stores but nothing that compares to this quality and reputation.
Growth & Expansion: Increase marketing, advertising and sales. These efforts have been done by the owner in the past who is already busy overseeing the business. Expand to larger facility for greater capacity and more shifts. Consider expansion to other states. Sell other products in a related type.
Financing: Limited Seller financing will be considered at the Seller's Discretion for qualified buyers.
Support & Training: The Seller will provide reasonable training and transition.
Reason for Selling: Retirement.