Sawmill in Aroostook County, Maine – Some Seller Financing Possible
Price
$295,000
Location
Portland, Maine
Industry
Building and Construction
Listing ID
CM42323
***Confidential listing, not in indicated city*** This is a successful, small-scale sawmill that specializes in producing cedar boards and from 1x3 furring strips to 16 by 16 lumber. The mill produces 3,000 - 4,000 board-feet per day and can process both hardwood and softwood. Logs are stored in the yard and then transported into the mill. One log at a time is fed into the mill, where the depth of cut is selected, and lasers show the cut line. Lumber is cut and sorted by size. Scraps and sawdust are collected for sale. Nothing goes to waste! The business runs for 7 months and closes down in the winter. Employees go to pick up snow plowing or other work and return in the spring. Customers include home builders, log cabin companies and retail cedar buyers. Disclaimer: Information and financials provided by the sellers and Inbar Group has not audited them.
Real estate might be available. Incidental to the sale of the business. Seller estimates the value at $200,000. Subject to commercial appraisal.
Retirement
Seller will assist.
"*" indicates required fields
Price: $295,000
Location: Portland, Maine
Industry: Building and Construction
Listing ID: CM42323
***Confidential listing, not in indicated city*** This is a successful, small-scale sawmill that specializes in producing cedar boards and from 1x3 furring strips to 16 by 16 lumber. The mill produces 3,000 - 4,000 board-feet per day and can process both hardwood and softwood. Logs are stored in the yard and then transported into the mill. One log at a time is fed into the mill, where the depth of cut is selected, and lasers show the cut line. Lumber is cut and sorted by size. Scraps and sawdust are collected for sale. Nothing goes to waste! The business runs for 7 months and closes down in the winter. Employees go to pick up snow plowing or other work and return in the spring. Customers include home builders, log cabin companies and retail cedar buyers. Disclaimer: Information and financials provided by the sellers and Inbar Group has not audited them.
Gross Revenue: $327,000
Cash Flow: $128,000
Seller Financing: Yes
FFE: $500,000 (Included in price)
Real Estate $200,000
Terms & Conditions: Real estate might be available. Incidental to the sale of the business. Seller estimates the value at $200,000. Subject to commercial appraisal.
Reason for Sale: Retirement
Training & Support: Seller will assist.
Year Established: 1943
Year of Last Acquisition: 1980
Days & Hours of Operation: Monday-Friday 7.5 months a year
Owner Hours Per Week: 20
Non-Owner Payroll: $42,369
Employees: 3
"*" indicates required fields
New York, NY 10001
Price
$295,000
Location
Portland, Maine
Industry
Building and Construction
Listing ID
CM42323
***Confidential listing, not in indicated city***
This is a successful, small-scale sawmill that specializes in producing cedar boards and from 1x3 furring strips to 16 by 16 lumber. The mill produces 3,000 - 4,000 board-feet per day and can process both hardwood and softwood.
Logs are stored in the yard and then transported into the mill. One log at a time is fed into the mill, where the depth of cut is selected, and lasers show the cut line.
Lumber is cut and sorted by size. Scraps and sawdust are collected for sale. Nothing goes to waste!
The business runs for 7 months and closes down in the winter. Employees go to pick up snow plowing or other work and return in the spring.
Customers include home builders, log cabin companies and retail cedar buyers.
Disclaimer: Information and financials provided by the sellers and Inbar Group has not audited them.
Real estate might be available. Incidental to the sale of the business. Seller estimates the value at $200,000. Subject to commercial appraisal.
Retirement
Seller will assist.
Main Office
Administration and Mail
209 West 29th Street
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