Primary Category:Lumber & Wood Product Businesses for Sale
This niche millwork company was started over fifty years ago. They produce a variety of high quality millwork products and have become the Quality Standard in their niche. They serve high profile customers such as hotels, governmental offices, high end consumer locations and corporate offices.
Sale price includes Inventory of $150,000 and FF & E of $200,000.
Financial Information
$1,310,000
Asking Price
$340,000
Cash Flow
$1,500,000
Gross Revenue
On request
Down Payment
On request
Adjusted EBITDA
Business Location
City:
Bluegrass Region
State:Kentucky
Reason for Sale
While the owner seeks retirement, plans are to have a smooth transition.
Detailed information
Year Established:1985
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 10
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Inventory Included: Yes
Inventory Value:
$150,000
Monthly Rent:
On request
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
On request
Building Size: 25000
FF&E Included?: Yes
FF&E Value: $200,000
Training/Support
The owner will support a new owner for a mutually agreed period, plus provide for a reasonable level of consultation after the transition period
Facilities
The facilities are housed in 25,000 square feet +/-, with a central dust collection system and a paint booth with a filtration system. The property has room on its 2 ½ +/- acres for expansion. The owner would prefer to either lease of sell the real estate with the business.
Market Outlook/Competition
Market Outlook: The demand for high end millwork has remained strong in both good economy and bad. There are a number of simple marketing and sales items that could grow the business.
Growth Opportunities: This business with its ability to both produce and install could be an opportunity for regional expansion by further acquisition.