Growing Woodwork Manufacturer - New Facility & Equip
Location Texas,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $4080695
Net Profit / Cash Flow $1518451
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 10 - 19
Inventory 530000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Seller will provide a reasonable amount of training.
Reason for Sale Retirement.
Description The Company represents an outstanding opportunity to enter the architectural millwork and woodworking business with a diverse base of prominent customers, a state of the art facility, modern automated equipment, and a trained staff of management and employees. The business has an outstanding reputation for completing quality projects and providing premier customer service and has enjoyed annual sales and income growth of 30% per year. The business has grown without a formal marketing program or sales staff and with focus on the immediate geographic area. Numerous growth opportunities exist for expanding the current business and the new facility was designed to allow efficient expansion to provide a great opportunity to expand and/or combine a similar business.
The business currently serves a variety of prominent industries in a vibrant area so the market outlook is very favorable. The business has invested in an efficient facility and modern equipment to gain a competitive cost advantage and the management team and capacity allow it to be very responsive to customer needs. The business has achieved consistent growth in sales and profits despite the lack of a formal marketing program or sales person.
The business is currently operating at 75% capacity for a single shift operation and the property site and building were designed to allow efficient expansion. The business enjoyed sales growth of 18.5% in 2006 and 31.2% in 2007.
The one year old 24,000 square foot facility was custom designed for this business and future growth. The 3 acre facility is located in a modern, growing industrial park and has 16 foot ceilings and seven offices. The asking price does not include the real estate, which is available for $1,200,000. Contact for more information on this Woodwork Manufacturing business for sale.
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