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RE:  Wholesale Wood Product Manufacturer Contact:  Mac Thelen

Quick Facts

Asking Price: $4,900,000
Annual Revenue: $3,786,399
Net Profit: Not Disclosed
Cash Flow: $1,022,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $4
Year Established: 1978
Employees: 19
BBN Listing #: 643640231
Broker Reference #: 8564 B.K.

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Business Overview:

TYPE OF BUSINESS: Wholesale Wood Product manufacturer for various industries, located in the metro area. 50% of the wood used is recycled. Established with the present owner for over 45 years.
They have a large array of equipment that includes a semi-automated nailing system that produces a large capacity of product per shift.
Hours of operation 7:00 a.m. – 3:30 p.m., Monday –Friday, Closed Sat-Sun.


FACILITY: This business operates in multiple buildings that are connected totaling 74,000 sq. ft., built in 1951. Clear height is 14’ to 22’, and clear spans are 40’ and 60’ wide. Zoning is I1 Industrial, sitting on a parcel of land with 3.64 acres. There is outside storage with a security fence as well. The building and property are available for lease or sale.


EMPLOYEES: Sellers are owner-operators. One owner oversees the sales and the other handles all the administration including ordering the lumber. There is an office manager and a production manager in place. This business has 19 full-time employees.


GROSS SALES/CASH FLOW: The gross sales for 2022 were $3,786,400, 2021 gross sales were $3,299,500 and the gross sales for 2020 were $2,933,150. Cash flow to owner-operator in 2022 was approximately $1,022,000. Cash flow in 2021 was approximately $967,350,000 and Cash Flow in 2020 was approximately $765,000.


ASKING PRICE: The asking price is $4.9 million for the business. The asking price includes all the furniture, fixtures, and equipment estimated value is $622,450 and the inventory estimated value is $TBD. SBA financing is available to a qualified experienced buyer.
The building and property are available for lease at today’s market rate. The seller would prefer to lease the building and property to the new owner but is available for sale. The asking price is $4 million.


REASON FOR SALE: Retirement


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Property Features and Assets:

Zoning is I1 Industrial, sitting on a parcel of land with 3.64 acres. This business operates in connected buildings totaling 74,000 sq. ft., built in 1951. Clear height is 14’ to 22’, and clear spans are 40’ and 60’ wide. There is outside storage with a security fence as well. The seller owns the building and property and are available for lease at today’s market rate. The seller would prefer to lease the building and property to the new owner but is available for sale. The asking price is $4 million.

Reason for Selling:

Retirement

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

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