Printer



Active

High End Custom Millwork Manufacturer! (37918)


Situated in the Rocky Mountains of Colorado and Utah, the business specializes in custom woodworking, millwork services, and start-to-finish residential and commercial construction projects. Services include framing, installation, and interiors. Offering cabinets, doors, trims, and stairs, the company maintains a focus on high-end homes and long-term projects with several options for wood, including recycled material, and varied stains or paints. Found in excellent condition, the vast 32,500 square foot warehousing facility features 2,500 sq. ft. of office space, 8,000 sq. ft. of storage for materials and equipment, and the remaining 22,000 sq. ft. for production. The industrially zoned property is leased from the sellers to the company and is negotiable for lease at the time of sale. Inventory levels are available to support the large multi-million-dollar projects. The company’s top ratings and strong reputation enabled the business to achieve $8 Million in revenue for 2022, alongside Discretionary Earnings of $1,452,670 and over $10 Million in Revenue and over $2 Million in Discretionary Earnings in 2023. Skilled and experienced personnel of sixty nonunion employees are most likely to stay post-sale and continue quality-focused operations. The owners are available for a transition.  With current marketing efforts relying on referrals from a large and repeating customer base, significant growth opportunities exist to take the business to the next level with a website and a strategic marketing plan. This opportunity is prequalified by a preferred lender.



Listed By: Paula Kruger

Background information

Seller Number:

37918

Year established:

Started 1999; Partnered in 2014.

Reason selling:

Approaching retirement and/or pursuing other interests.

Finance

Sales:

$10,000,000

Profits:

$2,000,000

Profit type:

Discretionary Earnings

Operations

Employees:

60 nonunion.

Equipment:

$470,000

Inventory:

$400,000 with a negotiable $600K additional.

Premises

Facility:

Leased & Optional for purchase.

Square footage:

32,500+/-

Opportunities

Market:

Referral Sources

Price and terms

Price:

$5,500,000

Financing:

Negotiable up to 20% for the right buyer.

Owner Transition:

Available for long acclimation period as needed, with a negotiated Seller compensation package for added support post-sale.