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Business For Sale
WOOD RECYCLING COMPANY
Attn:
Rick Newberry
Northwest Arkansas, AR, USA
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Listing Number: "1699-RN"
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Listing
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Asking Price: |
$1,300,000
USD USA Dollars
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Business for Sale Industry: |
Manufacturing: Non-classifiable
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Reason for Selling:
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Retirement |
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Year Established:
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1972 |
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# of Employees:
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12 Full Time / 8 Part Time |
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Yearly Revenues:
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$2,448,984 |
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Yearly Cash Flow:
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$204,567 |
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Monthly Payroll:
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$31,670 |
Business for Sale Overview:
PRICE REDUCED! This company was established in 1972 and has evolved into a waste wood recycling business, specializing in custom wood fiber. The owners have built the business to approximately $2.5 million in revenue over the past 35 years and are now ready to sell and retire. Revenues are projected to increase $800,000 per year over the next 5 years; current cash flow of $200,000 plus should increase dramatically as well; asking price is $1.3 million and all property is included in the price. The Real Estate value is $330,000.
Located on 11 acres in the industrial park of a small community in NW Arkansas, the company sells poultry & livestock bedding, horticulture mulches, wood flour, fiber bulk, boiler fuel and wood talc.
Oak fiber and sawdust has been the primary driver of sales, with wood flour and mulch rounding out the top three. The company has experienced a compound growth rate of approximately 8 percent for the 2004 through 2007 time period. Sales are expected to significantly increase in 2008 due to their recent approval as the major wood fiber provider for a biomass pellet fuel manufacturer. Other growth in revenue will be driven by additional production in wood flour and there is an opportunity to become a distributor by exploiting a strategic opportunity with a wood pellet manufacturer.
Property Features and Assets:
11 acres
Additional Details:
- The property is owned.
- The owner may be 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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