Business Summary:
The Company manufactures custom wood doors and other custom products and sells to a long-established customer base of the wholesale distribution market. The majority of quoted and sold orders are repeat business for established customers known for many years. The list of new customers is continually growing.
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| Year
Business was Established: 1998 |
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| Number of Employees:
12 FT/1 PT |
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| Facilities / Terms of Lease:
The facilities are located in a commercial location and the approximately 14,000 sq. ft. shop consists of a wood structure with two overhead doors; a man door and includes bathrooms, a lunch and break area. The lease provides 12 parking spaces with an additional outside area that contains a 30-yard drop box used for wood scraps. |
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| Potential
Growth/Expansion:
Growth has been steady over the last 16 years and it’s the Owner’s opinion that if more growth is desired with the current employee and space level, it is reasonable to make a steady 10% - 20% per year. |
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| Competition:
The Company basically has very little competition. While there are larger companies that manufacture lesser-quality custom doors as a side-line, their main products are mass-produced, standard-design doors. One of these companies was added as a new customer last year and is rapidly becoming one of the Company's bigger customers. |
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| Owner
willing to finance:
Lender pre-screened with $180K down. |
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| Owner
willing to train:
Will train for 2 weeks @ $0 cost. |
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| Reason for selling:
Owner is retiring. |
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Seller Reference Number: 8101-18910
BusinessMart.com Listing Number: 316401 |
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