Laminated Outdoor Wood Structures Design / Build

Relocatable, NC
Wake County


Asking Price: Annual Revenue:
$3,250,000 $3,140,219

Manufacturing: Wood, Stone, Concrete

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RE: Laminated Outdoor Wood Structures Design / Build Broker: Jeff Snell
Owner Financing is Available!
Yes, Seller will provide lender required financing no more than 10%. Dependent upon total purchase price.

Quick Facts

Asking Price: $3,250,000
Annual Revenue: $3,140,219
Net Profit: Not Disclosed
Cash Flow: $806,417
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1972
Employees: 5
BBN Listing #: 35006351
Broker Reference #: STRUCTURE1

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Business Overview:

This business has over 50 years of experience in the design and outsourced construction of prefabricated and custom laminated wood structures including bridges/pathways, structural beams and outdoor shelters and pavilions. Customers include homeowners, municipalities, churches, horse farms, entertainment venues, golf courses and architects who integrate the company’s custom products into their designs.

The company has received multiple awards for their highly regarded custom designs and quality precision manufacturing. The company also offers a limited number of ‘off the shelf’ products. Since entering a big box retailer the pipeline of quotes has grown significantly filling the sales pipeline with projects from the retail partner as well as direct quotes with the largest backlog in the company’s history of approximately $10,000,000 of viable projects which is ~5x average of prior periods. One quote to a local municipality is ~$3,000,000 which by itself would double the companies EBITDA from 2022 to 2023.

It is worth noting that the company’s fixed costs are covered at approximately the $2,000,000 annual gross sales level making any incremental projects net margin significantly higher.

Seller is seeking a component of earnout on the incremental quotes outstanding if awarded.

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Property Features and Assets:

Operations are now virtual since COVID. All employees are currently remote and no hard wall office is required.

Market Competition and Expansion:

New owners could expand beyond eastern seaboard. New owners have an invitation to enter over 2000 big box retailers. This carries an unexpected benefit of being featured on the retailers website in all markets beyond the current 200 locations. Company currently has eight long standing dealers which could be expanded.

Reason for Selling:

True Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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