Manufacturer of Specialty Architectural Woodwork Products

Asking Price$5,300,000

Cash Flow
$1,500,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$8,000,000

Inventory$200,000
Included in asking price
FF&E$850,000
Included in asking price
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Manufacturer of Specialty Architectural Woodwork Products


Asking Price$5,300,000

Cash Flow
$1,500,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$8,000,000

Inventory$200,000
Included in asking price
FF&E$850,000
Included in asking price
Business Description
The company was established in 1987 by the current owner as an architectural woodwork contractor and has evolved into one of the premier suppliers of mid to high end commercial projects. Serving visionary clients in the restaurant, lodging and gaming industries, the company works with architects and designers who are striving to create interior space with an unforgettable "WOW". As a long standing provider of these types of services, the company is well known and respected within the various arenas served and enjoys a strong history of repeat business from customers located across the country. Over the years, the addition of architectural metal work in conjunction with the woodwork has allowed the company to go one step further in offering spectacular end results for the client. The company has in-house capabilities for woodworking, metal design, crafting and final finishing. A knowledgeable staff of professional employees are available and motivated to assist customers in all areas of the manufacturing and installation process. A unique opportunity to acquire a strong company with a solid product history and reputation. Seller will consider all proposals for merger or acquisition.
About the Business
Years in Operation
38
Employees
23
Facilities & Assets
The company operates from a purpose designed and constructed building, leased from separate LLC controlled by the shareholders. All equipment, furniture and fixtures used in the business operations are included in the asking price, with no new major capital expenditures expected in the near future.
Market Outlook / Competition
There are several other similar millwork companies across the country and within the region, but this company enjoys a strong history and reputation for honesty, integrity, quality, on time delivery and personal service.
Opportunities for Growth
Currently operating at approximately 65% of plant capacity on one shift, there is room for growth by accepting new opportunities slightly outside today's main focus that are routinely received, but are now turned down.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
28,300
Rent
$12,820.00 per month
Lease Expiration
12/31/2025
About the Sale
Seller Motivation
Retirement
Transition Support
Sufficient instruction and training in the business operations will be provided to a buyer by the seller as part of the sale process.
Financing Options
The asking price of $5.3 million includes $500,000 of working capital at closing
Listing Info
ID
2007993
Listing Views
926

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Business Listed by: Roger Rumble The Stratford Associates, Inc.

Listing ID: 2007993 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.