Profitable Michigan Based Wood Pellet Mill

Business Summary

This Michigan-based family-owned pellet mill has been in Business for over 55 years. The mill produces Wood Fuel Pellets. The wood fuel pellet mill is profitable and is for sale. The company produces premium wood pellets that are packaged in 40 lb. bags. The mill is located on 5-acres within an ideal location for the supply and distribution of its products throughout Michigan.

Wood pellets are an excellent way to heat your home or Business with a more efficient and environmentally sound source. Pellets burn cleaner is excellent for people with allergies, does not attract bugs, and is easy to store and use. The company also offers delivery to their customers. They supply over forty retailers throughout Michigan with their quality wood pellets.

COVID-19 Statement- the company has returned to and exceed 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:         $   947,978- 2018 (pre-Covid)

Wood Pellet Sales (Only)       $ 1,499,429- 2019 (pre-Covid)

$  2,584,804-2020 (Covid)

2021 Financials are in the process of completion.

Income (EBITDA):               over $300,000 in 2020

Employees:                           12-15

Real Estate Highlights:

• 18,600 square Feet (2 Buildings)-
• Built-(Building 1- 9,600 sq ft-2013 and Building 2-9,000 sq ft- 2006)
• 0 Acres
• Zoned Industrial
• Estimated Market Value of Real Estate $1,200,000

Investment Highlights:

• Well-known and established Business
• Loyal customer base
• Established base of retailers selling products
• Opportunity for future growth post-COVID.

Opportunities for Growth:

• Add other business lines to grow the Business
• Develop proprietary liens of pellets
• Add cooking lines of pellets.

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

Reason for Selling:               Transition to Retirement