In escrow. Back up offers accepted.
Price lowered to $175K including inv. Seller says bring all offers.
Description: established for over 70 years, this highly regarded and profitable business sits in monterey, one of the most prestigious and desirable areas to reside on the entire california coast. This high-end cabinet and mill works shop has seen plenty of style and construction phases come and go in its 70+ year history, and from initial design all the way through final installation, they have done it all! Nothing pre-fab, and every piece of work guaranteed. From cabinetry, millwork, countertops, and entertainment centers, to furniture, doors, and windows, all including final installation. Just like the hand- crafted products they deliver, this business itself is a true work of art. Very experienced staff eager to stay on after transition. Pride of ownership, profits, and location!
Seller willing to consider generous lease terms.
Generous seller financing possible for approved, qualified buyer.
Prime coastal area real estate also available as part of the sale in addition to business. Ask broker.
Price: new price: $175K including inventory! (business only. Real estate in addition.)
Inventory: $75,000 estimated value at cost
Terms: some seller financing possible for approved buyer
Gross sales: $592,446 weighted average 3 years
Cash flow: $165,855 weighted average 3 years
SBA: approval pending
Real estate also available in conjunction with business purchase.