Custom Wood Door & Millwork Business For Sale

Sale Pending

Asking Price$1,700,000

Cash Flow
$538,239
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,011,849

Inventory$24,230
Included in asking price
FF&E$847,900
Included in asking price
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Custom Wood Door & Millwork Business For Sale


Sale Pending

Asking Price$1,700,000

Cash Flow
$538,239
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,011,849

Inventory$24,230
Included in asking price
FF&E$847,900
Included in asking price
Business Description
The Company manufactures custom wood doors and other custom products and sells to a long-established customer base of the wholesale distribution market. The majority of quoted and sold orders are repeat business for established customers known for many years. The list of new customers is continually growing.
About the Business
Years in Operation
27
Number of Employees
13
Currently Relocatable
Yes
Facilities & Assets
The facilities are located in a commercial location and the approximately 14,000 sq. ft. shop consists of a wood structure with two overhead doors; a man door and includes bathrooms, a lunch and break area. The lease provides 12 parking spaces with an additional outside area that contains a 30-yard drop box used for wood scraps.
Market Outlook / Competition
The Company basically has very little competition. While there are larger companies that manufacture lesser-quality custom doors as a side-line, their main products are mass-produced, standard-design doors. One of these companies was added as a new customer last year and is rapidly becoming one of the Company's bigger customers.
Opportunities for Growth
Growth has been steady over the last 16 years and it’s the Owner’s opinion that if more growth is desired with the current employee and space level, it is reasonable to make a steady 10% - 20% per year.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
14,000
About the Sale
Seller Motivation
Owner is retiring.
Transition Support
Will train for 2 weeks @ $0 cost.
Financing Options
Lender pre-screened with $170K down.
Listing Info
ID
2374770
Listing Views
1234

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Business Listed by: Linn Crader Murphy Business - Pacific Northwest & Los Angeles

Listing ID: 2374770 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.