Turn-Key Woodworking Business, Outstanding Reputation

Reno, Nevada

Ad ID: 1495407
Type: Established business
Category: Retail – Blding Mat., Hardware, Garden
Category: Services – Other Business Services

Financials
Asking: $100,000

Gross: $432,232
Cash Flow: Not Disclosed

Summary Description
A unique opportunity to purchase a woodworker’s paradise with strong ties to the community. This successful, independent business offers the best woodworking tools and supplies in the marketplace, and they deliver the best possible experience to the customer every time. Customers can see/touch/test products they are interested in buying and receive expert advice on how to approach any woodworking project. All store employees are woodworkers with years of experience. They offer many woodworking classes, including cabinet making, carving, wood turning, power tool education, and more. Classes allow them to develop trusted relationships with their customers, along with the ability to demonstrate, showcase, and sell products. A great location fronts the busiest thoroughfare in the area and is near a popular quilting shop. They regularly see new customers simply from drive-by and walk-by traffic. The company has built a solid reputation with manufacturers, suppliers, and customers, and enjoys an excellent referral base. They have a strong Internet presence, with a 5-star rating on social media. This profitable business has potential to grow. Buyer could take it to the next level by marketing to the influx residents and businesses moving to Northern Nevada, as well as utilizing email marketing across their 6000+ customer list. Seller is dedicated to Buyer’s success and can train and support Buyer as negotiated in the sale. Current staff has a great dynamic and is willing to stay. Additionally, Seller is willing to take on teaching or other part-time roles if Buyer desires.

General Information
Year Established: 2010
Employees: 4
Facilities: Spacious 5500 sf facility in a highly visible location. Lots of car and foot traffic. Easy to get to and plenty of parking.

Market Outlook
Competition: This store provides customers with personalized care and quality products that cannot compare to box stores or national franchisors. They have a solid referral base and a stellar name in the community. Vendor relationships with manufacturers and suppliers are long-standing. A Point-of-Sale system allows for focused marketing activities across 6000+ customers.

Growth and Expansion: The business has a great reputation and a large referral base. Continuing to bring new brands to the store will bring in additional brand conscious buyers. Buyer could expand the business by targeting residents purchasing new homes or remodeling. California retirees and young professionals in particular are in strong financial positions to support their community´┐Żs businesses. As Northern Nevada’s population grows, the demand for quality woodworking supplies and service will continue to grow as well.

About the Sale
Financing: All cash or terms acceptable to seller
Support/Training: As negotiated in the sale
Reason Selling: Retirement











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