Niche, High-end Architectural Woodwork

FL

Niche, High-end Architectural Woodwork

Asking Price:N/A

Cash Flow:N/A

Gross Revenue:$1,172,000

EBITDA:$51,000

FF&E:N/A

Inventory:N/A

Established:N/A

Niche, High-end Architectural Woodwork

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Business Description

Custom woodwork designer and installer for a high-end customer base that includes banks, offices, restaurants, hotels, and homes. For over 25 years, the team's craftsmanship has allowed it to distinguish itself in South Florida.

Key Aspects
· Experienced and professional management team
· Performs high-end custom work for commercial and residential customers
· Enjoys high repeat business
· Demand for services greatly surpasses the production capacity of the current workforce
· Work-in-progress as of 7/31/16 totals $1.56M in booked backlog
· Quality control systems in place
· Carries a low inventory due to trusted supplier base

Detailed Information

Facilities:
The company operates from a 16,000 sq. ft. facility leased from an affiliated entity. The owner will entertain selling the building or entering into a long-term lease. In addition, there is a 16,000 sq. ft. building attached to the operating facility which could possibly be purchased in the future to expand.
Growth & Expansion:
· Continue to invest in additional machinery including CNCs and automated detailing software · Hire additional sales representatives and labor to take advantage of more RFPs · Create an advertising program · Promote recurring revenue stream - maintenance · Develop marketing materials and case studies to show when bidding · Attain GSA status with the US Government to receive exclusive access to receiving purchase orders, without bidding against other contractors
Support & Training:
The owner would like to retire and have time to pursue additional interests such as traveling. He is available for a transition period of at least six months in order to ensure a seamless transfer of ownership.

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Dara Shareef

Business Listed By:
Dara Shareef

Benchmark International

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Sponsoring Broker:
Emily Cogley

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