*Business Overview Established Heritage: Founded over 70 years ago with a rich history in fine woodworking. Facility: Operates at a manufacturing facility with a significant area of 30,000 sq. ft. Market Focus: Specializes in custom solid wood doors, frames, glass, and finishing services. *Financial Highlights Financial Performance: Steady revenue with a forecast of $900k – $1.5 million over the next two years, maintaining a gross margin of 40-50%. Asset Valuation: Equipment and furniture have an estimated liquidation value of $700k-$800k. Working Capital: With existing infrastructure, staffing, taxes and COGS requires $75k per month
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