| Asking Price |
$690,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
1496000 | Real Estate |
$400,000* |
| Cash Flow |
$78,423 | Year Established | N/A |
| FF&E |
$290,000* | Employees | 9 |
* included in the asking price
** not included in the asking price
This millwork business has solid connections in the construction business. It's backlog of business should assure it's new owner a great start. Trained and skilled workforce. Bright, clean, and spacious work environment, Opportunities to pick up business that used to go to Canada when the dollar was a premium. Vendor and contractor relationships in place. In addition to a profitable business, there is solid real estate in this offering. Some of the 2007 cash flow was deferred to 2008 due to business cycle of receivables & collections.
Facilities: 11,000 Sq. wood frame manufacturing building with 608 second floor office. Each work station has ample space and there is room for growth w/o expansion of the building. Ample parking and exterior storage. Loading docks, dust free paint room, storage areas.
Competition: This company s customers are Schools, Banks, Court Buildings, and General contractors for both commercial and residential accounts. The competition from Canada has greatly decreased with the Canadian Dollar becoming near par with the US dollar.
Growth/Expansion: Given favorable changes in the industry this company is positioned for growth with a well trained staff, excess plant capacity, excess equipment capacity, and operations that allow for competitive bidding. The biggest deterrent to growth has been under-capitation.
Support/Training: Seller is concerned about continued quality for his customers, and the future of his employees. As such, is expecting to assist the new owners in a smooth training and transition period. Extended consulting might be considered.

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