Business Overview:
Founded 40+ years ago, the Company is a long-standing Michigan-based sawmill. The Company purchases standing timber, harvests it, and either sells the logs to an outside party or saws the logs itself to sell as green lumber. The Company sells products within 4 main categories: veneer logs, lumber, other logs (primarily used for pallets), and byproducts. Its customers primarily consist of finished goods manufacturers, lumber processors, and pallet manufacturers. These customers create goods that primarily end up in the housing market, typically as flooring, cabinetry, or other similar products.
The Company differentiates itself from competitors through its emphasis on quality lumber and customer service as evidenced through its top-of-the-line equipment, operating procedures, and tenured staff. Its employee base is highly experienced and features a talented forestry team and management team who assist ownership in running the Company.
Ownership is active in daily operations; however, over recent years significant resources have been committed to ensure a smooth transition. Current ownership is willing to assist in the transition for a period of 6 to 12 months in a decreasingly active role.
The Company operates out of a 20-acre facility with approximately 13,500 square feet of building space. The facility is owned through a related holding entity. Ownership is open to discussions surrounding the sale or lease of the facility to the new owner(s).
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Property Features and Assets:
13,500 square feet located on a 20-acre parcel of land. Ownership is open to discussions regarding the sale or lease of the facility. Real estate valued at $1,200,000.
Market Competition and Expansion:
Investment Highlights Include:
1. Experienced Forestry Team
2. Beneficial Geographic Positioning
3. Industry Leading Lumber Yields
Growth Opportunities Include:
1. Investment in Automation and Resaw Equipment
2. Vertical Integration of Operations
3. Implement Lean Manufacturing Procedures
Reason for Selling:
Ownership would like to pursue retirement.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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