Wood Products Manufacturing and Finishing

Bonner County, ID

Seller Financing Available
Main shop
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Asking Price: Get Financing: $279,000

Cash Flow: $104,000

Gross Revenue: $315,000

EBITDA: $104,000

FF&E: $174,273

Inventory: $40,000*

Lease Rate: $2,400 /Month

Established: 1979

*not included in asking price.

Wood Products Manufacturing and Finishing

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Business Description

38 years in business and founding owners wish to retire!

Family owned wood products and finishing business that specializes in commercial props sold nationwide and local new construction pre-finishing is for sale. Company has been in the current location for 24 years and is in an area of solid future growth. We are a factory authorized pre-finisher for LP siding, Cabot Paint, Duckback, and many others. Sale will include all corporate assets including tools and equipment, complete customer list of over 1000, all software and designs of stock props, web site and web addresses. This is a complete fully operational business and owners will stay on to train. Long term negotiable lease available in current location on major highway. Sellers are very motivated!! Will discount purchase price with longer term lease.

Attached Documents

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
8,200
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Sale will include automated cutting and finishing equipment as well as a complete wood shop that can produce almost anything. All tools are in excellent condition. Current hours of operation are M - F 8:00-4:30 Business is housed in a 6000 sq. ft. building for manufacturing and also a 2200 sq. ft. building for finishing with out buildings for storage. Plenty of parking with good truck access. Building is 24 year old state of the art with 3 phase power and double insulated walls and ceiling. Owners may consider sale of building, inquire about pricing.
Competition:
Closest local competition is 50 miles away. Building has large visible signage on a very busy major highway. 20 plus years seniority at the largest national trade show in its industry and great customer loyalty.
Growth & Expansion:
On site painting crew could be added as well as offering in stock pre-finished products, cabinets, doors, or most any interior or exterior finished trim or siding items. New construction is strong in our area with plenty of untapped customers.
Financing:
Minimum 50% plus inventory down payment.
Support & Training:
Owners will stay on for 3 months to train and longer as negotiated.
Reason for Selling:
After 38 years of business the founding owners wish to retire.
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Business Listed By:
Christopher Mortensen

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