MergerPlace

Custom Millwork Manufacturing

Massachusetts (Bristol)


  • Asking Price: $330,000
  • Gross Income: $696,030
  • Cash Flow: $174,177
  • Real Estate: Not Disclosed
  • Inventory: $67,772
  • FF&E: $100,246
  • Listing ID: #207603
  • Established: 1985
  • Employees: 4 FT

Business Description

Priced for Quick Sale! The company is a very profitable niche manufacturer located in Southeastern Massachusetts. It provides custom architectural millwork to high end new and restoration projects in both commercial and residential construction, boat building and maintenance. The company has a diverse customer base. The owner has executed to a very efficient business model that allows the company to manufacture product in a very timely and efficient manner. The company has a very strong local brand and reputation, its sales are based solely on that brand and quality reputation. The company has no sales function, revenue is generated from existing clients and word of mouth.
The company offers specialty custom lumber, molding and custom architectural woodwork to both residential and commercial clients. The company is profitable with almost $700k in annual revenue. This niche specialty business has the capacity to readily double in size with a focused sales and marketing initiative.


Business Details

Primary Business Category: Manufacturing - Wood Products
Location: Massachusetts
County: Bristol

Company Information

Year Established: 1985
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 4 FT

Financial Information

Asking Price: $330,000
Gross Revenue: $696,030
Cash Flow: $174,177
FF&E: $100,246
Inventory: $67,772
Seller Financing Available: No

Property Information

Facilities:

The company leases an 8,000 square foot facility with ample space to increase manufacturing productivity and warehouse.

Growth & expansion opportunities:

The company and business has excellent opportunity for growth. A thoughtful well executed sales and marketing plan coupled with expansion capacity of the existing manufacturing and warehouse resources would provide a platform for growth.

Competition:

Management reported no significant competitors in the local area.

Reason for selling:

The owner is relocating and would like to exit the business.

Support & Training:

Will train for 8 weeks @ no cost. The company is a source for cabinet grade wood of all types and sizes, specializing in kiln-dried FAS grade lumber milled to customer specification, products include: Specialty lumber and sheet Arch moldings Custom millwork PVC flat and stock Marine products and vacuum priming

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Business Listed By:

Kevin Dougherty

Murphy Business Brokers