Business Overview:
This Michigan based Wooden Furniture Manufacturer and Wholesaler for sale specializes in producing unique rustic and log furniture products while continuously improving, redesigning, and developing the style to keep up with consumers’ tastes. The Company boasts green operations, understanding the importance of a healthy environment.
The Company was founded almost a century ago by a previous owner. Since inception, the Company’s management structure has changed multiple times, but the current owners have owned the Company for over a quarter of a century. The Company currently employs 32 employees (excluding the owners) that handle all aspects of sales, manufacturing, and office duties.
The current owners desire to divest the Business so that they can focus on retirement as well as spend more time with family. The owners are willing to provide reasonable and customary transition assistance and are committed to supporting the Company’s continued growth throughout an extended transition period.
The Company has one facility, which is owned through a related entity and is in excellent condition. The owners wish to sell the facility to new ownership rather than lease the real estate.
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Property Features and Assets:
The Company operates out one facility of approximately 114,000 square feet. The facility features an office and breakroom, warehouse, and production space with 7 docks doors and 3 drive-in doors.
Market Competition and Expansion:
Investment Highlights Include:
(1) Extensive Equipment Base: With a vast line of equipment for the manufacturing process, the Company can ensure quality in its products and increase revenue capacity without the need to invest in more equipment.
(2) Sustainably Sourced Products: The Company has stayed true to its goal of sustainability in business operations throughout its lifetime and can utilize its green operations to increase cost efficiencies within the Business.
Growth Opportunities Include:
(1) Workforce Expansion and Marketing Applications: While the Company has a simplistic and easy to maneuver website and an effective employee base, additional workers paired with additional advertising strategies could grow the demand for the Company’s products, increase its manufacturing output, and increase cost efficiencies in the Business.
(2) Increased Online Presence and Operational Efficiency: By implementing robust systems within the Business and increasing software implementations within the website, the Company can add efficiencies to the Business by reducing customer response times, eliminating repetitive tasks, consolidating data, and improving team dynamics.
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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