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- RE: Custom Wood Door & Millwork Business
- Contact: Linn Crader
Quick Facts
Asking Price: | $1,700,000 | |
Annual Revenue: | $2,011,849 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $538,239 | |
Total Debt: | Not Disclosed | |
FF&E: | $847,900 | |
Real Estate: | Not Disclosed | |
Year Established: | 1998 | |
Employees: | 13 | |
BBN Listing #: | 992481 | |
Broker Reference #: | 8101-18910 |
Business Overview:
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.
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Property Features and 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.
Assets = $1,047,900
Market Competition and Expansion:
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.
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.
Reason for Selling:
Owner is retiring.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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