Hot Listing

Commercial Millwork Company

Asking Price$6,850,000

Cash Flow
Not Disclosed

EBITDA$1,900,000

Gross Revenue$8,100,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Hot Listing

Commercial Millwork Company


Asking Price$6,850,000

Cash Flow
Not Disclosed

EBITDA$1,900,000

Gross Revenue$8,100,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
Serving Biotech, Healthcare, Educational Markets & More
Based near Boston, Massachusetts, this custom millwork fabricator designs and installs high-end interior construction solutions for biotech, healthcare, education, and other commercial sectors. A larger millwork company seeking to expand into the New England market would be a great buyer for this business. A brief overview:

- High Quality & Custom Complex Applications.
- Services include drawings, fabrication, and installation.
- Excess capacity within the existing footprint
- Modern and efficient machinery.
- Projected 2025 revenues: $8.4 million.
- Projected 2025 EBITDA $2 Million.
- All growth is organic, with no sales staff.
- Located near Boston, Massachusetts
- Skilled employees and managers are in place.
- Culture based on exceeding client expectations
- Real Estate is also for sale at an additional price.
- The owner is open to an extended transition agreement.
About the Business
Facilities & Assets
Steel-framed building on 9.62 acres totaling 14,275 square feet.  There is adequate acreage and permitting to increase the size of the manufacturing and office space on the existing property.  The Sellers would prefer to sell the property at its fair market value.
Market Outlook / Competition
There are a few competitors however, many of the clients have been working with the owner and the employees of this company for over 30 years.
Opportunities for Growth
The company is expanding due to the diversity of its client base and the scope of projects they are involved with.  The company has never tried to grow; it’s all organic.  At some point, more employees would need to be hired, and the facilities would need to be expanded.  The company has historically been able to recruit skilled employees, and the building and lot are expandable.
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Transition to retirement
Financing Options
Partial seller financing available
Listing Info
ID
2377263
Listing Views
1295

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Business Listed by: Doug Pendleton George & Company/CentralBrokers

Listing ID: 2377263 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.