Custom Commercial Design, Millwork, mils, Case Goods, And Installation

Orange County, NC

Seller Financing Available
Custom Commercial Design, Millwork, mils, Case Goods, And Installation

Asking Price:$510,000

Cash Flow:$174,054

Gross Revenue:$2,133,457

EBITDA:N/A

FF&E:$233,200

Inventory:$100,000

Real Estate:$750,000*

Established:1987

*not included in asking price.

Custom Commercial Design, Millwork, mils, Case Goods, And Installation

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Business Description

The company works with architects, designs and builders to build and install high end interiors for public and private clients. The company is continuing its impressive growth while maintaining solid margins.

The company is owner operated with approximately 5 salaried employees (2 office personnel + 2 sales personnel + 1 Production Manager) and 11 hourly employees. All other labor is contracted or outsourced paid based upon performance or hourly with 10-20 installers as needed.

This firm has over 25 years of experience providing fine architectural work to contractors and property owners in the South East region.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Employees:
16
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is located in a building owned by the business owners within an hour of Raleigh, NC. There is room for some expansion without additional construction and land available for additional construction. The facility is well maintained. Ample parking is available.
Competition:
Since the 'great recession' there are few competitors. Many have gone out of business and those still operating have limited the scope and size of projects they are willing to take on.
Growth & Expansion:
As the economy continues to improve the number of projects available will increase. Many construction and construction related firms have experienced a downturn. This business has had year over year growth in top line sales over the past three years. The company has a solid book of WIP currently in excess of $1,24 million.
Financing:
Seller will provide a component of Seller financing.
Support & Training:
Seller will provide reasonable post transaction support and transition assistance at no cost.
Reason for Selling:
Other business interests.

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Jeff Snell, M&AMI, CBI, ABI

Business Listed By:
Jeff Snell, M&AMI, CBI, ABI

ENLIGN Advisors

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Memberships & Certifications:
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. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers.

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