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Business For Sale
CUSTOM STAIR MANUFACTURING BUSINESS FOR SALE
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Asking Price: |
$175,000
CAD Canada Dollars
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Business for Sale Industry: |
Manufacturing: Wood, Stone, Concrete
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Year Established:
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1987 |
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# of Employees:
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3 |
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Yearly Revenues:
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$122,000 |
Business for Sale Overview:
This company manufactures custom built wood staircases from straight utility stairs to elegant curved stairs, as well as some balustrade parts. The opportunities for this type of custom work in the home building industry are limitless. There is a healthy market for stair work in Canada, the USA and worldwide. More and more carpenters of new homes and renovations are using off-site shop built stairs as opposed to on-site built stairs in order to save time and money in the building process. Using the expertise of stair specialists has the extra advantages of quality workmanship and more variety in the type of stair and rail products. Building experience is not necessary to buy this business; good people skills, computer knowledge and sales savvy would bring this company to the next level. All necessary equipment is included as well as a complete display room. The company is currently bidding on large volume orders for China, the US and Europe which could increase volume 3-5 times current levels.
Market Competition and Expansion:
The biggest opportunity for growth lies in the USA market where most stairs are built at the job site resulting in poor quality stair systems.. Thunder Bay is within driving distance to the USA border and the bordering states are under serviced in this industry. The owner believes that a small capital investment in some high tech equipment, an aggressive marketing campaign in the Upper Midwestern States, and one more skilled employee would significantly increase the revenues
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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