**Property must be purchased alongside the business. Property price is $8m.
A profitable turn-key wood re-manufacturing business established in 1988 located in the Greater Vancouver area.
The business operates from a 1.39-acre property.
The free-standing building is 7,900 SF plus there are 2 x 3,000 sq. ft. outbuildings.
Fully paved property. 60Amp 600Volt three-phase power, brand new duster and outside temporary sheds.
There is a 2 bedroom modern caretaker suite onsite.
The business operates a day shift and night shift processing high-grade custom wood specialized components and profiled millwork.
The business provides Architectural and Designer custom mill-work products re-manufactured to unique specifications.
The business only does re-manufacturing work for other businesses.
This business is run by 13 employees including two Managers.
Approx. $1.5m in business assets.
The two (2) Owners do not work in the business and just oversee the books.
Approx. EBITDA
EBITDA (2019) - $374,225
EBITDA (2020) - $470,510
EBITDA (2021) – $598,545
EBITDA (2022) – $576,001
EBITDA (2023) – $109,001 - Not counted in business valuation as the business lost 4 months of revenue during the move from their previous location to the current location.
EBITDA (2024) – Projected approx. $530,000.
Creative financing options are available for the land for the right Buyer.
Business asking price is $1.5m
* All information is to be verified for its accuracy.
An NDA is required to be signed before releasing any further confidential business information to the purchasing party inquiring.
