Description This business opportunity is a turn-around of a branded manufacturer/distributor of quality linear hardwood products such as moldings, casings, handrails, flooring and paneling. The company has been in existence since 1946 and known for high quality products with a treasure trove of unique knives for shaping different shapes of moldings and rails.
In the last fiscal year which ended in June of 2013, the company's gross sales were at 2.7 million dollars, a 5% increase over the prior year. Sales have been increasingly modestly over the last 3 years as the economy and building metrics improve. Sales are expected to increase this year as well.
An ideal owner for this company is a business in a related industry or someone familiar with the wholesale woodworking industry that can improve sales and marketing efforts and add additional distribution channels. The company currently is its only distributor with 150 clients and a large database of historical clients that have not been solicited.
The company is being offered for the orderly sale value of inventory and equipment. Owner financing available. Please contact David Chavez at 310-503-6847 for additional information.