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Asking Price: Not Disclosed

Laminated Outdoor Wood Structures Design / Build

Not Disclosed, NC
Wake County

2003 FINANCIAL INFORMATION IS ADJUSTED FOR MANUFACTURER RETOOLING AND EXPANSION. Contact broker for details. This business has over 50 years of experience in the design and outsourced construction of prefabricated and custom laminated outdoor wood structures, including bridges/pathways, structural beams, shelters and pavilions. Clients include homeowners, municipalities, churches, horse farms, entertainment venues, golf courses, airports and architects who integrate the company’s custom products into their designs. The company has received multiple awards for its highly regarded custom designs and quality precision manufacturing. The company also offers a limited number of customizable ‘off the shelf’ products. Since entering a big box retailer, the pipeline of quotes has grown significantly, filling the sales pipeline with projects from this retail partner as well as direct quotes with the largest backlog in the company’s history of approximately $12,000,000 of viable projects, which is ~5x average of prior periods. One quote to a local municipality is ~$3,000,000, which by itself would double the company's EBITDA from 2023 to 2024. Another local potential contract is outstanding for $5,000,000 . It is worth noting that the company’s fixed costs are covered at approximately $2,000,000 of annual gross sales, making incremental projects' net margin significantly higher. 

Cash Flow $730,317
Revenue $2,726,836
$ Owner Financing Available

Asking Price: $699,500

Rapidly Growing Building Material Manufacturer

Not Disclosed, NC
Not disclosed

This business manufacturers one of the fastest growing exterior cladding materials in the construction industry. There is high demand for this product for residential and commercial customers, and for both new construction and remodeling applications. This manufacturing company has positioned itself for continued growth by investing in a new facility in 2020, over $524,000 in new FF&E, and building a skilled team of 8. Located in North Carolina, voted #1 state for businesses in a 2022 CNBC poll. This is an ideal add-on business for a company already in the construction business, or an individual looking to take a growing business to the next level through additional marketing and distribution.With the process, product, and skilled people in place, the seller is focused on aggressively marketing to build the brand and drive sales. In 2023, he has partnered with the largest stone and brick distributor in the Carolinas, and has so far erected 14 displays in their physical locations. Outside and internal sale teams will be upselling their custom coloring and quick shipping. Additionally, the company has been named the sole stone veneer supplier for one of the biggest contractors in the county area. A new website was launched in March making it easier for customers to find the business in their online searches.-47% sales growth over 3 years-Limited regional competition-National sales reach serving 17 states-40% online sales-Serves new construction & remodeling markets-Advanced manufacturing process-Differentiated from competition by offering customized color (customers love this!)Seller believes so much in the future of the business, he is willing to offer seller financing and retain up to 19% stock in the company. Seller financing is available for qualified buyers not using debt.

Cash Flow $229,219
Revenue $812,718
$ Owner Financing Available

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