Midwest Hardwoods Manufacturer
UNDISCLOSED
Asking Price: |
Gross: |
Cash Flow: |
$10,000,000 |
$10,671,794 |
$2,542,495 |
Furniture and Fixtures Value:
$2,625,955 (included in the asking price)
Inventory Value:
$2,331,847 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
For sale is a long-established, vertically integrated hardwoods manufacturer. This company operates in a niche market position that allows it to enjoy robust profit margins. Current owner is committed to a long-term transition plan with the next owner.The real estate is adequate for current operations and is available for lease or sale. All assets needed to run the operation, including working capital, work force, and equipment are included in the asking price. There is internal, non-owner management that runs most of the day-to-day operations.This company enjoys a solid competitive position in its market and is well poised for continued success and growth. Perfect for a strategic buyer that can steer the company through its next level of success, or another operator in the industry that can integrate the business into its current operations.Potential buyers must have $2 million liquid cash to be considered.
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Year
Business was Established: 1967 |
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Number of Employees:
35 FT/5 PT |
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Facilities / Terms of Lease:
Facilities are adequate for operations. All real estate is owned by the seller and is available to purchase or rent. |
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Potential
Growth/Expansion:
With a solid foundation of over 1,200 customers per year (spread across different industries), this business possesses a solid core business. That being said, in the past several years the Company has expanded into a niche market that is ripe for continued growth both by reaching more customers in its current market, and also establishing itself in new markets. |
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Competition:
This company enjoys a solid competitive position in it's market and is known for its high quality and commitment to customer satisfaction. |
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Owner
willing to finance:
$9MM down/$1MM over 60 mos. @ 6%. |
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Owner
willing to train:
Will train for 2 weeks @ $0 cost. |
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Reason for selling:
Majority owners wish to implement retirement plan. |
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REQUEST MORE INFO |
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