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Unbelievable extension of an amazing lifestyle. It can't be "work"!

Sandpoint, Idaho (Bonner County)

Retail - Home Furniture & Furnishings | Mfg. - Furniture and Fixtures

Asking Price $447,000 Inventory $70,000** 
Gross Income $700,000 Real Estate  
Cash Flow $160,000 Year Established 1996
FF&E $5,000* Employees Four

* included in the asking price

** not included in the asking price

Live and work in nature's paradise of North Idaho!!

Nicely profitable business, available due to owner retirement,(although owners will stay on to effect successful transition). Unbelievable lease on 3000 square feet showroom in the heart of year-round resort town of Sandpoint, Idaho, named by Sunset Magazine as "Best small town in the West". Sandpoint provides an unbeatable lifestyle: snow skiing at world-class Schweitzer Mountain Resort, water-skiing/fishing/restaurant-hopping, swimming on Lake Pend Oreille, a 45 mile-long fresh-water lake surrounded by majestic mountains. Many have called Lake Pend Oreille "Lake Tahoe undiscovered". Golf, fly-fishing, river-running, climbing/backpacking, kayaking - in short: any and all outdoor activities - round out the lifestyle of those who live here. Northwest Handmade furnishes lake homes in summer, ski condominums in winter and other homes in a 200 mile radius all year-around. The company enjoys a dominate market share with unlimited potential via Internet and expansion into Canada which is just an hour North of Sandpoint. see www.northwesthandmade.com. Two marvelous employess who can run the business effectively and efficiently will stay with the new owners if you desire. You will reap the benefit of 12 years of constant growth with an unblemished reputation for quality to large, loyal customer base.

Facilities: Three thousand square feet of showroom on the main street in the heart of downtown Sandpoint, Idaho. Lease is five years and can be negotiated for an option for a five year extension. Excellent condition.

Competition: This business enjoys a dominant market share in the immediate area - a radius that extends to Canada. Rustic, Pine, Fir, and Custom lines all result in orders for individual pieces all the way to orders for furnishing complete homes. The retail sales location is absollutely prime, located in the heart of downtown Sandpoint, Idaho, right across from the Coldwater Creek (Also headquartered in Sandpoint) retail store. Although this results in a large walk-in trade, the majority of the business is from referrals from highly satisfied customers.

Growth/Expansion: The company is poised to grow dramatically from a recent expansion exporting into British Columbia and Alberta, Canada. Additionally, the company's recently completed website is resulting in a large number of orders that heretofore were not realized. This Internet presence will grow substantially over the next several years.

Financing: Owner will finance 3-year balloon with substantial down for qualified Buyer.

Support/Training: Owners will provide complete training on both the manufacturing and retail sides of the business. One owner (wife) who runs the store will stay until transition is complete; the other owner (husband) will stay on to provide continuous manufacturing of furniture as long as the new owners want him to.

Reason Selling: Retirement to fufill a Christian calling.

AD # 384542

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