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71133- Custom Mantel Mfg And Millwork For Sale

Alberta
Asking Price:
$2,500,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,101,000 (CAD)
Cash Flow:
$142,000 (CAD)

This offering falls in the price range of $1,000,000-$2,500,000 (CAD), to be negotiated at time of sale. Founded in 1988, this company has successfully established itself as experts within the manufacturing- custom millwork industry. Located in a prime area of Alberta, the business is a provider of custom millwork primarily to wholesale distributors, residential and commercial construction contractors and retailers. The company boasts a full range of millwork capabilities including mantels, columns, custom cabinetry and furniture as well as restoration services, design services and installations. The active principal has built a successful business that prides itself in building long-term relationships with its customers and suppliers, and offering high quality craftsmanship and carpentry services. Efforts have resulted in many highly satisfied customers and a loyal base that provides a high rate of repeat business. Today, the company is well positioned to leverage its enviable reputation and pursue growth beyond the projections through initial marketing efforts.

While production accounts for just 10%, about half of their revenues are derived from moldings, 40% of sales through components for other companies including shelving parts and pieces. Management team in place, the current owner is approaching retirement and would like to aid the new owner in taking the business to the next level. In fact, the current owner is in process of taking steps to increase profit margins. For more information about this opportunity, contact us today!

Property information

Real Estate:

Lease

Business Operation

Trading hours:

Monday-Friday Hours: 8am-5pm

Employees:
5 FT 1 PT
Years established:
1988

Other Information

Support & training:

The owner is available for a few years after the sale of the company while the skilled employees will most likely stay on afterwards.

Furniture / Fixtures value:
$450,000 (CAD) - included in the asking price
Inventory / Stock value:
$100,000 (CAD) - included in the asking price
Relocatable:
This business can be relocated.

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