Business Listing

Manufacturer of Specialty Millwork Products

The company was established in 1987 by the current owner as an architectural woodwork contractor and has evolved into one of the premier suppliers of mid to high end commercial projects. Serving visionary clients in the restaurant, lodging and gaming industries, the company works with architects and designers who are striving to create interior space with an unforgettable "WOW". As a long standing provider of these types of services, the company is well known and respected within the various arenas served and enjoys a strong history of repeat business from customers located across the country. Over the years, the addition of architectural metal work in conjunction with the woodwork has allowed the company to go one step further in offering spectacular end results for the client. The company has in-house capabilities for woodworking, metal design, crafting and finishing. A knowledgeable staff of professional employees are available and motivated to assist customers in all areas of the manufacturing and installation process. Asking price includes $700,000 of Net Working Capital. A unique opportunity to acquire a strong company with a solid product history and reputation. Seller will consider all proposals for merger or acquisition.
Industry
Building and Const. Services, Business Services, Manufacturing
Segment
Manufacturing
Asking Price
$4,900,000.00
Ref ID
TSA22-HWC06
Established
0
# of Employees
23
Full Time Employees
23
Part Time Employees
0
Gross Revenue
$8,000,000.00
Cash Flow Type
Seller's Discretionary Earnings
Cash Flow
$1,000,000.00
Other Value
$700.00
FF&E
$1,000,000.00
AP/AR
$0.00
Real Estate in Asking
No
Inventory in Asking
Yes
Inventory
Inventory is minimal as materials ordered as each job is completed and included in the net working capital calculation.
Equipment
All equipment is in good to excellent condition with no new capital expenditures anticipated in the near future.
Real Estate
The company leases the real estate from a related party.
Facilities
The company operates from a modern, purpose built 28,000 SF facility in a municipal industrial park. Currently operating at approximately 65% of capacity on one shift.
Broker/Seller