In business for over 50 years, this business has been a fixture in its community, specializing in retail sales of top quality lumber and hardware, providing design services plus value-added B2B services as a building components manufacturer supplying contractors and a dealer network. The business has a loyal repeat customer base already in its third generation. Staff is highly trained and have an average tenure of over 15 years.
The sale of shares and related party debt at $2,195,000 includes all real estate, equipment and working capital of $750,000. Comprehensive training, if required, will be provided by the owners to ensure a smooth transition. The real estate, recently appraised at $1,275,000, includes well maintained structures and excellent heavy load surfaces on approximately three acres of land. The equipment includes all necessary rolling stock, both manual and automated CAD equipment, along with supporting software. The replacement value of equipment is $713,000. Vendor will provide a reasonable VTB.
This is an ideal opportunity for either a strategic industry buyer or a well-financed individual investor with experience in the retail lumber industry. This well-established, profitable business may also appeal to a buyer who has previous experience with pre-manufactured building components and who seeks to become an independent business owner.
Business Asking Price: $1,297,500
Real Estate: $897,500
Working Capital (incl.): $750,000
Normalized EBITDA: $376,000
Employees: 23 (excl. owners)
Asking Price Available On Request
You May Also Like
Profitable Lumber Re-Manufacturing Business #364394 posted Sep 3, 2014
- Windsor, Ontario, Canada
This quality lumber re-manufacturing business is a cost effective full service high volume re-manufacturer of wood products, primarily for skids, crating applications and dunnage. The company specializes in providing customized wood products per customer specifications. The products are used locally...
Confidential Businesses #224875 posted Jan 26, 2011
- Ohio, United States
- Available On Request
We represent a significant number of businesses that have annual gross sales of between $ 3 Million to $ 58 Million. A variety of such businesses are in the manufacturing, distribution & logistics, technology and significant business with a strong service orientation. Such businesses are strictly...
Wood Products Manufacturer Seels Equity Investor #451675 posted Aug 15, 2016
- New York, United States
- Between $500,000 and $1,000,000
Completely vertically integrated mature business, ready to run 12 acre venue ($1.2 million) with over $3.2 million in machinery (fair value). High Gross Operating Margins average 73% over 3 years. Over $2 million in current orders with publicly traded and mid-market customers. We are seeking...
Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.