Amish handcrafted furniture is special. Using solid lumber, crafted to create heirloom quality; this is an investment that will last a lifetime. The furniture is had made by Amish artisans in Indiana and Ohio. All furniture is built one piece at a time, and finished with Resistovar, a specially formulated varnish made to resist almost anything....even acetone and fingernail polish remover. This shop has been profitable from the beginning and has remained so through the recession even with a small reduction in sales...this shop is absentee run and an owner/operator will most likely do significantly better..This is a hands on kind of business an takes someone with a love of wood, style and quality, and enjoys working with people. Go to the above web site for many details. This listing requires you contact Ladd McGowan at ladd@norwestbizsales.com for a non-disclosure agreement in order to obtain a complete package of business data.
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| | 2010 Annualized | 2010 | 2009 | 2008 | 2007 | | | Sales | $263,897 | $109,957 | $227,103 | $256,765 | $277,235 | | Cost of Sales | $158,940 | $66,225 | $119,877 | $134,695 | $157,349 | | Gross Profit | $104,957 | $43,732 | $107,226 | $122,070 | $119,886 | | Expenses | $110,966 | $46,236 | $105,085 | $106,232 | $107,492 | | Net Operating Income | ($6,009) | ($2,504) | $2,141 | $15,838 | $12,394 | | Depreciation / Amortization | $0 | $0 | $0 | $0 | $0 | | Interest Expense | $0 | $0 | $0 | $0 | $0 | | Officers Salary | $31,025 | $12,927 | $31,261 | $37,944 | $39,425 | | Sellers Discretionary Income | $5,818 | $2,424 | $6,278 | $8,788 | $12,729 | | TOTAL CASH FLOW
(Seller's Discretionary Earnings) | $30,834 | $12,847 | $39,680 | $62,570 | $64,548 |
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