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Niche Manufacturer - Wood Products
BROOKWI001-N571
The following broker is assigned to this listing:
Ed Krajcir
milwaukeeadmin@sunbeltnetwork.comCell: (414) 688-9102
Description
The business is a niche manufacturing company that specializes in products created from wood - the type of products insulated from foreign competition based on tight delivery times and small quantities that prevent foreign outsourcing from being cost effective.
The company has a long and rich history with its customer base, which ranges from individual companies to ad agencies and other creative professionals who rely on the company's expertise in creating the right product for the end user’s needs. The business works hand in hand with the customer from design through delivery to assure the correct product is delivered with the highest quality. All sales are B2B and typically do not involve the direct end user - the company is normally a Tier 2 or 3 supplier to larger companies in the industry.
The company has built a $1 million company solely by word of mouth and referrals. A new owner would be able to expand by selling to other industry players who subcontract the work that the company does.
The current owner is looking toward retirement and is willing to train a new owner, with a possible option to stay with the company on an employment basis if mutually agreed.
For additional information on this opportunity, please contact Mark Kuether at 262-901-0086.
Financials
| Asking Price: | $300,000 |
|---|---|
| Revenue: | $923,396 |
| Cash Flow: | $151,122 |
| Downpayment: | $100,000 |
| Monthly Payroll: | $0 |
| FF&E Asking Price: | $234,245 (Included in Asking Price) |
| Inventory Asking Price: | $46,200 (Included in Asking Price) |
| Financing Available? | Yes |
Property
| Type: | Leased |
|---|---|
| Building Size: | 20000 sq ft |
Other
| Franchise? | No |
|---|---|
| Homebased? | No |
| Relocatable? | Yes |
| Year Established: | |
| Year Acquired: | 1984 |
| Full-Time Employees: | 2 |
| Part-Time Employees: | 1 |
| Reason For Sale: | Retirement |