Price reduction... owner seeking retirement - make an offer.
Here is a very special situation if this is the type of business you are looking for.
Your sellers started this company 20-years ago, and it has provided them with a dependable income enabling them to enjoy a good and consistent lifestyle with 8+ weeks of vacation per year, put 2 kids through college, etc. Owners perform no manual labor; they partake in high level oversight. Now its retirement time, and they are looking for the right person to hand their incredible business to.
It's long established, so you will have many repeat customers, referrals from very happy customers and a solidly built customer base. This means less risk to you. Another benefit to you is that long term employees do all of the manufacturing and installation, leaving the owner, and you, free to focus on sales calls. In other words, it's clean work, and all employees are expected to stay with you after takeover.
The company is known for its cabinetry--new, refinished and refacing- and its millwork, countertops, stairways, closets and entertainment centers--including its efficient installations! This wide scope of services and products has established the company as a very strong force in the market, beyond what some competitors are able to provide. The spacious 6,000 square foot facility was designed for the company's operations with areas specifically for woodworking, countertop production, a paint booth and offices. Another benefit to you is that your seller owns the real estate, so there is no lease transfer to worry about. A good lease will be negotiated with you or if you prefer, you have the option to purchase the real estate.
And last but not least, is the great advantage of the seller offering financing if you are qualified. The savings in loan fees and costs for you can be substantial.
If this type of business is what you are looking for, i encourage you to look deeper!