Business Summary

This Michigan-based family-owned sawmill has been in Business for over 55 years. The family is well known for their quality products and has been a staple in the timber industry for years. The company has been historically profitable; however, sales have declined due to heath issues of an owner. This mill produces logs for log homes, rough sawn lumber, cut to order lumber, kiln dried lumber, crane mats, tongue & grove, and buying standing timber.  This sawmill is located in Mid-Michigan, on six acres of property. There are several acres of land available for purchase or expansion, as well as timber rights around the state of Michigan available for purchase.

The company is being sold for the owners to transition to retirement.

COVID-19 Statement- the company has maintained pre-Covid levels of sales. Our client has no projection of future sales due to the current Covid pandemic in the country.

Details:

Year Established:                  Over 55 years in Business (the family saw-mill operation).

Prior 3 years Revenue:

• $4.3 million 2018 (pre-Covid)
• $3.2 million – 2019 (pre-Covid)
• $2.4 million-  2020 (Covid)
• 2021 Financials are in the process of completion.

Assets:                                     over $1.9 Million in 2020

Employees:                           10+

Investment Highlights:

• Well-known Mill
• Loyal customer base
• Established Business with large customer base
• Opportunity for future growth post-COVID.

Opportunities for Growth:

• Add additional lines of Business
• Immediate opportunities for revenue growth
• Significant expansion potential including adding a pallet operation.
• Long history of profitability
• Increase sales to pre-covid levels, thru sales force, and active management.

Support & Training:             The owner is willing to assist the new share owner

Reason for Selling:               Transition to Retirement, health issues of an owner.