Profitable Wholesale Wood Product Manufacturer

Not Disclosed, MN
Hennepin County

Metro area


Asking Price: Annual Revenue:
$3,200,000 $12,147,753

Manufacturing: Wood, Stone, Concrete


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RE: Profitable Wholesale Wood Product Manufacturer Broker: Bill Kraemer

Quick Facts

Asking Price: $3,200,000
Annual Revenue: $12,147,753
Net Profit: Not Disclosed
Cash Flow: $883,350
Total Debt: Not Disclosed
FF&E: $700,000
Real Estate: Not Disclosed
Year Established: 1969
Employees: 35
BBN Listing #: 47340231
Broker Reference #: 8543, 8544 b.k.

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Business Overview:

TYPE OF BUSINESS: Highly Profitable Wholesale Wood Product Manufacturer for various industries, located in the metro area. Established in 1969 with present owner for over 20 years. The manufacturing process is divided into two parts, Lumber remanufacturing and automated assembly process.

The totally automated system includes a cant unscrambler, twin cut off saws, sizer, gang rip and board stacker. This system produces approximately 40,000 board feet of lumber per shift. They have a total of three automated nailing systems with one of them being a turbo, computer-controlled, fully automated system that produces a large capacity of product per shift.

Hours of operation 6:00a.m. – 4:30p.m., Monday –Thursday, 6:00a.m. – 12:00p.m. Friday, Closed Saturday - Sunday.

FACILITY: This business operates in multiple commercial buildings totaling approximately 13,000 square feet. Seller owns the buildings and property and are available for sale. There is an additional 9,000 square feet building that is leased.

EMPLOYEES: Seller is a semi-absent owner. He works from home and his main duty is ordering the lumber. He works from Arizona during the winter months with management in place. Manager’s job description is overall coordinator of the day-to-day operations and oversees the office. This business has 35 full-time and temp employees.

GROSS SALES/CASH FLOW: The gross sales for 2021 was $12,147,753, 2020 gross sales were $9,862,059 and the gross sales for 2019 was $9,076,444. Cash flow to owner operator in 2021 was approximately $883,350. Cash flow in 2020 was approximately $550,000 and Cash Flow in 2019 was approximately $537,000. Sales through August 2022 are over $900,000 over August 2021!

ASKING PRICE: The asking price is $3.2 million for the business and $2.2 million for the buildings and property. Asking price includes inventory valued at $400,000 and furniture, fixtures and equipment estimated value $700,000. SBA financing is available to a qualified experienced buyer.

REASON FOR SALE: Retirement

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Property Features and Assets:

This business operates in multiple commercial buildings totaling approximately 13,000 square feet. Seller owns the buildings and property and are available for sale. There is an additional 9,000 square feet building that is leased.

Market Competition and Expansion:

Sales through August 2022 are over $900,000 over August 2021!

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not 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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