Summary
- Asking price:
-
< $500k
- Sales revenue:
- $1m < 5m
- Net profit:
- < $250k
- Years established:
- 2 (millwork partnership 15yrs)
- Employees:
- 7
- Relocatable:
- This business can be relocated.
Franchise terms
Although this business is not franchised, we developed an initiative program which, with capital and a strategy, could develop into a national franchised program for the design/building industry. Details only disclosed to serious buyers.
Business description
A lucrative opportunity for capitalizing on the environmental movement and innovative “green” building products, through an Architectural Products dealership & fabrication shop. Manor Style Inc, a newly formed corporation has taken an existing millwork/molding business to the next level with innovative, sustainable products, new initiatives, complete internal set up structure of systems & procedures, new website, online store, marketing campaigns and much more…a nucleus for success!
Property information
- Real Estate:
- Lease
- Lease terms:
- The owners currently lease monthly, a 11,000SF newly constructed steel/masonry warehouse/fabrication shop and adjacent 6,000SF Showroom/Office from an affiliate family investment company. Owner of the building is willing to negotiate extended lease terms or to sell entire warehouse. Owners are also negotiable to offer take over lease of new 24'delivery truck.
- Location:
- Location is strategically located just inside the Baltimore beltway (695+70),with easy access to Washington, Annapolis, Frederick and Baltimore. There are also other friendly businesses in the same well-kept business park. Building is stand alone with 12' wide ramp-up&door to warehouse, 3 loading docks and walk-in access
Other information
- Expansion potential:
- This enterprise is well positioned to expand dramatically over the next few years as the market turns towards more environmentally sustainable (Green), LEED certified products in the building industry. With the combinations of new corporate identity, product private branding, architectural detail management programs,over 60 lines of products, previous established relationships, marketing programs and new business structure, this warrants a sound return on investment and potentially occupying a unique niche beyond only this market area. The only essential requirement is additional cash funds to fuel this momentum!
- Competition / Market:
- Please refer to the attached Marketing Analysis for details. Some of the original millwork & moulding products were more subject to some competition as more synthetic products are introduced into the market, although the custom fabrication capabilities, combined with the new products the owners introduced this year and also new initiatives for designers, builders and architects.
- Support & training:
- The owners an possibly some dedicated staff are willing to train and mentor the new owners. We also intend to maintain a working relationship in purchasing some products to be used in our new contract interiors/furniture business.
- Reasons for selling:
- The owners were offered an opportunity to be an interior contract furniture dealer/installer because of their previous contract experience. The new venture for the owners would promote these products and include them in contracts-win/win situation for both parties.
- Trading hours:
- 8-5 Mon-Fri
- Financing available:
- Not available. Negotiable terms of down payment and settlement
- Furniture / Fixtures value:
- $46,000
- Inventory / Stock value:
- $160,000
- Website:
-
www.manorstyle.net
- Related documents:
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