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- RE: Premier Manufacturer Of Hardwood Mouldings
- Contact: ROBERT BOONE
Quick Facts
Asking Price: | Not Disclosed | |
Annual Revenue: | $10,600,000 | |
Net Profit: | $1,100,000 | |
Cash Flow: | $1,100,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $1,700,000 | |
Real Estate: | $5,900,000 | |
Year Established: | 1988 | |
Employees: | 81 | |
BBN Listing #: | 997001 | |
Broker Reference #: | Not Disclosed |
Business Overview:
A premier manufacturer of high-quality hardwood mouldings including state of the art pre-finishing capabilities. The company maintains exceptionally strong long-term relationships with it's customer base. The company has an established brand with over 3 decades of knowledge in the hardwood business. The current facility and equipment is very scalable with attractive growth opportunities. They have a very experienced workforce and solid and experienced management team in place. The business has full capability to bring in rough lumber, surface, rip, mould and UV pre-finish the product color matched and boxed to the customer.
Very experienced and qualified workforce including a strong management team. Approximately half of the workforce and all of the management team have over 15 years of experience in manufacturing and pre-finishing hardwood mouldings.
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Property Features and Assets:
The real estate, equipment and inventory are included in the sale. The previous appraised values total $8,200,000. The real estate includes 167 acres of land of which 15 acres are occupied by the buildings and equipment on the property.
Market Competition and Expansion:
The company has a very local customer base has established itself as one of the leading manufacturers of hardwood pre-finished mouldings over it's 37 years of existence. The company has limited competition due to it's unique pre-finishing capabilities. They have decades serving large public OEM's and have become a one-stop shop for their product line.
With the current shift to bring manufacturing back to the US, a potential buyer can expand the product offering by approaching companies that need US manufacturing. The market for the product they manufacture is very strong with plenty of room for growth. The company currently uses less than 50% of it's capacity which will allow a potential buyer to grow the business and utilize the current facility and equipment for expansion.
Reason for Selling:
Not a core business for the Corporate owners. 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
Relevant Links:
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