Price Reduced! Midwest Hardwoods Manufacturer

Seller Financing Available

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Asking Price:$9,000,000
Gross Revenue:$10,719,000
FF&E:$2,700,000
Established Year:1967
Cash Flow:$2,301,630
Inventory:$2,000,000
Real Estate:$2,900,000
BUSINESS DESCRIPTION

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 part of the 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.


DETAILED INFORMATION
Inventory
Included in asking price
Real Estate
Owned
Building SF
39,000
Employees
40
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facilities are adequate for operations. All real estate is owned by the seller and is a part of the offer price.
Competition
This company enjoys a solid competitive position in it's market and is known for its high quality and commitment to customer satisfaction.
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.
Financing
$6.3MM down/$2.7MM over 60 mos.@ 6%.
Support & Training
Will train for 2 weeks @ $0 cost.
Reason for Selling
Majority owners wish to implement retirement plan.
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Jacob
Petersen
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Jacob Petersen