Woodworking Supplies Retailer & Wholesaler #034301
About The Opportunity
- Established over 40 years, specializes in products for professional woodworkers and hobbyists.
- Over 25,000 skus for tools, abrasives, and wood treatment products.
- This is a turnaround opportunity that is in need of restructuring. Company possesses a unique combination of established brand goodwill and space for expansion and change.
- Husband passed away over a year ago, and wife is ready to exit the enterprise.
- Approx. $1.75M inventory included in sale.
- Woodworkers around the country and around the globe have used, recognized, and respected its various product brands for decades.
- Operates out of a 36,000 sq. ft. facility in New Mexico. Seller owns the building, of which only 50% is utilized. New owner could move the operation or lease a portion of current facility.
Other Important Information
Husband grew the business based on catalog sales and struggled to convert to a digital marketplace. Even though robust online sales channels have been established, the Company lacks capital and leadership to properly scale in a modern-day, digital environment.
View listing video and access NDA: www.goexio.com/woodworking-supplies
By The Numbers
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