Business Summary
This profitable and growing manufacturer specializes in standard and custom finished hardwood products for OEM’s and distributors supplying the residential market. With an expert track record extending over 30 years, they work diligently to create exceptional quality products to ensure consistency with every order. Sales have continued to climb at an aggressive pace in 2022, with revenue on track to hit $1.8M, a 33% increase. Earnings are growing at an even faster rate. The company thrives by offering short lead times, competitive pricing, superior quality and custom packaging solutions to their distribution network.
This business is a great opportunity for an individual owner looking to build and grow a well-established company, or for an existing wood products company looking to diversify. The owner is shifting many of his responsibilities to key employees as he prepares for retirement and is willing to stay with the new owner on an open timeline to successfully transition both customers and staff.
Details:
Year Established: 1984
2021 Revenue: $1,443,000
2021 SDE: $ 390,000
Inventory: $ 60,000
Real Estate: Owner willing to lease; option to buy
Employees: 6 full-time plus the owner
Investment Highlights:
Support & Training: Owner is willing to assist the transition
Reason for Selling: Retirement