Custom Architectural Woodworking Company

Redmond, WA (King County)

Custom Architectural Woodworking Company

Asking Price:N/A

Cash Flow:$1,540,000

Gross Revenue:$12,000,000





Custom Architectural Woodworking Company

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Business Description

Custom Architectural Woodworking Company

Exceptional Architectural Millwork Company that specializes in the commercial and hospitality industries is available for purchase. This is an established business positioned for continued growth in the commercial
construction industry and continues to expand in the region. Award winning company whose excellent standards and abilities enable them to consistently increase market share in their industry.

The Company has been in business for over 29 years and specializes in architectural millwork for high end Commercial TI, Casino and Food Service industries. The company is a very sophisticated manufacturing company
that employs the latest technologies and equipment. They have successfully implemented LEAN practices both in the office and on the shop floor.
The company’s areas of expertise include: Custom design, production, specialty materials and installation of their finished products in accordance with industry standards. This ensures that the customers get an exceptional product that is within their budget, meets their constraints and builds a loyal customer base.
Devotion to engineering details and perfection in process flows are at the core of company’s success. The company has excelled in providing exceptional services to its customers by utilizing new technologies and working closely with the customer to bring their concept to reality. The company's focus and foresight has allowed them to retain high quality customers with a strong satisfaction rate and consistently work with many of the major general contractors in the region.
The ideal partner is someone who is in the industry and looking to either expand markets, diversify or looking for growth potential in a highly active geographic market.

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Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Shop equipment, vehicles, lease which runs for 10 years.
The company has been able to grow its sales by building great relationships with general contractors, along with providing timely and quality products. Their ability to complete design build projects and efficiently manage them, combined with their experience, has made them a “go to” company for many top general contractors. The company’s flexibility and nimbleness has also provided solid relationships with general contractors which in turn facilitates the ease in project flow.
Growth & Expansion:
The Pacific Northwest and Western Washington in particular are considered one of the nation’s fasting growing business areas with growth projected to continue through 2025. The company has exhibited consistent annual growth for the past 4 years. Their recent expansion into an additional 6,000 sq. ft. of space and solidification of their in-house capabilities in estimating, engineering and installation, they are poised to excel on a consistent growth path for the coming decade. Current ownership believes that the recent expansion has now enhanced their ability to take on many projects that they have had to pass up, with the potential for growth in revenues to between $15 and $20 million. This volume increase can be done without the need to venture into new revenue streams and is based on current market growth. There are many great opportunities to expand into some niche markets, among which could be the hotel furniture and fixture industry and more depth in the Native American convention casino markets. Not only is there more quality work in the region in their current markets through the next 3-5 years, but additional revenue streams that can be complimentary to the high-end commercial millwork arena can be explored and secured. The Company is planning to become Quality Certification Program (QCP) certified. This certification is provided by the Architectural Woodwork Institute and endorsed by the American Subcontractors Association (ASA) and the Construction Specification Institute (CSI). The benefit of this certification is in obtaining state and federal jobs and assures compliance with national quality standards for products.
Support & Training:
Owner willing to assist for up to one year.
Reason for Selling:

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Chris Falco, CPA, CBI, CM&AA

Business Listed By:
Chris Falco, CPA, CBI, CM&AA

Falco Sult Financial Services

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Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities.

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