Manufacturing & Fabrication Of Wood & Millwork
Salt Lake City, UT Salt Lake County
Request More Information Contact the Seller
- RE: Manufacturing & Fabrication Of Wood & Millwork
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $5,500,000 | |
| Annual Revenue: | $11,376,319 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $2,355,478 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1995 | |
| Employees: | 27 | |
| BBN Listing #: | 998536 | |
| Broker Reference #: | MFG020-E |
Business Overview:
Presenting a manufacturing & fabrication company with a focus in wood and millwork where the owner is very much passive. They are boasting more than $6M in backlog and the asset value is over $2.6M; which includes a working capital of $1.8M, vehicles and equipment over $800,000. They have a recurring client base which consists of schools, universities, churches, and hospitals. They do not carry any designations such as MBE, WBE, or SDVOSB. The business owner enjoys running this company passively due to the experienced leadership team of 5 which includes a President who has been groomed to operate the business, 7 Administrators, 9 in the shop, and 6 in the field. Labor includes the General Manager, Foreman, Estimator, Production Manager, and Fabricators with all other labor subcontracted out for installation. The owner is willing to stay on for 1 year and is selling due to retirement as he established this business more than 30 years ago. Due to reasons for growth and expansion, they have moved into a building that 14,000 sq ft roughly 2 years ago and have experienced this continued growth trend ever since. The seller is willing to carry or roll equity at 15% to show his vested interest in the continued success of the business moving forward Priced at $5,500,000, this business comes with a proven history, a tenured staff, and reliable client base, allowing for a buyer to step in and continue operating and growing successfully from day one. Growth opportunities include continuing to follow GCs to high net-worth areas like Hawaii.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Assets Included in Purchase: $2,662,000
Market Competition and Expansion:
Growth Opportunities: Continue following GCs to high-net-worth areas like Hawaii
Reason for Selling:
Retirement/Age. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Utah businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
