Furniture Sales, Amish Handcrafted Troutdale
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BUSINESS PROFILE
The Seller has two locations from which he offers Amish hand crafted furniture, Troutdale and Salem Oregon. He is offering them together or separately. If you go the the above web site you can see how elegant and finely made Amish furniture is. People as far away as Australia have purchased furniture from the Amish Workbench. The Buyer should have an appreciation for wood, style, beauty, elegance and quality with a love of working with and making people delighted with their purchase. This Listing requires you to contact Ladd McGowan at ladd@norwestbizsales.com to obtain a Non-disclosure Agreement to that you may obtain a complete data package of this business...Thanks You
RECASTED SUMMARY INCOME STATEMENT
2010 Annualized 2010 2009 2008 2007 Sales $256,368 $106,820 $211,983 $280,979 $203,951 Cost of Sales $153,434 $63,931 $116,126 $152,812 $123,611 Gross Profit $102,934 $42,889 $95,857 $128,167 $80,340 Expenses $118,068 $49,195 $105,028 $119,627 $111,220 Net Operating Income ($15,134) ($6,306) ($9,171) $8,540 ($30,880) Depreciation / Amortization $0 $0 $0 $0 $0 Interest Expense $0 $0 $0 $0 $0 Officers Salary $27,634 $11,514 $28,910 $32,693 $27,168 Sellers Discretionary Income $7,632 $3,180 $9,090 $8,100 $13,491 TOTAL CASH FLOW (Seller's Discretionary Earnings) $20,132 $8,388 $28,829 $49,333 $9,779
PRICE & TERMS Purchase Price: 95,000 Down Payment: 65,000 Inventory: 75,000 Equipment:	LEASE Base Rent (Includes CAM) 2147 Expires: 2011 Option(s): yes Square Feet: 2150
OPERATIONS
Number of Employees: Full Time Part Time Owners     Non Owners 1	Licenses Required: City Business
Hours of Operation Monday 9 - 5  Tuesday   Wednesday   Thursday   Friday 9 - 5  Saturday 8 - 5  Sunday 8 - 4
MISCELLANEOUS
Reason for Sale: Owners Retiring Year Established: 4 Type of Organization: S-Corp Training: Negotiable but no less than 3 weeks

Disclaimer: The information herein is compiled from information provided by the Seller(s). NorWest Business Sales makes no representations as to its accuracy or reliability. Prospective Buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.

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