Booming Millwork Business with Management in Place! (17828)
Asking Price: | $2,395,000 |
Inventory: | $447,000 |
Real Estate: | $6,000,000 |
Gross Revenue: | $4,176,000 |
FF&E: | $600,000 |
Established Year: | 2009 |
Lots to love about this opportunity, inquire today! Located in Oregon, this business specializes in millwork manufacturing, from butcher block top tables and solid-surface counters, to cutting boards, interior wall cladding, and custom/contract work. The company has a strong command in the industry with high ratings, relationships, and proper experience! The business also provides custom millwork services to clientele nationwide. Skilled personnel of 35 nonunion employees with reliable managers in place who are most likely to remain post-sale and continue operations after transition for acclimation. Total Revenues for 2022 grew to $4,661,345 alongside Seller Discretionary Earnings of $668,141, 2023 Revenues dropped to $4,176,000 due to a poor sales manager hire, now correct, 2024 projecting 2022 numbers again. Found in excellent condition with expansion capabilities, the warehousing facility measures over 50,000 square feet, on over 3 acres, and is available for leasing or optional purchase. Benefiting from a great new sales network with 20 additional manufacturing representatives around the country, the company is streamlined with opportunities for strategic optimizations. Besides maintaining a website for self-promotion, small marketing efforts have given big returns, mainly backed by referrals from a large and rotating customer base through superior reputation and high-quality products. Price hikes have been instituted and business is still booming and requests for more business are being turned away, so increasing capacity would lead to both increased revenue and profits! Don’t hesitate, this offering won’t last long!