Manufacturer and Installation of Custom Millwork Business For Sale

Business description

Summary
This company is very profitable and well-managed with very capable department managers that have been with the company for years. This company manufactures high production plastic laminate cabinets, countertops and fixtures. With over 100 mid-sized jobs per year, the production stays very busy and well diversed. These products are produced for the commercial industry (mainly subcontracting work for general contractors). The business is renowned for its custom work in the areas of office tenant improvements, medical and dental labs, schools and even many government buildings.

Marketing
The business currently operates without any sales or marketing of any type. The company is awarded the majority of its contracts through bid process and delivering quality and competitive pricing for all its jobs. However, a new owner could possibly grow the revenues more by hiring a sales staff and by expanding into the custom residential market.

Company strengths
Unique and versatile products…from office cabinetry to medical cabinets; reputation for high quality products delivered in a timely manner; experienced, long-term employees dedicated to the company; high percentage of repeat customers over; with equipment valued at approximately .5m; implement an aggressive marketing program; enhance web site capabilities and presence; expand production hours to better utilize facility; hire a sales force and move into the residential market.


Property & facilities
The seller also owns the property and is very willing to entertain a very reasonable rental rate with generous terms. The building is approximately 14,000 square feet.

Other information

Support & training:

12 weeks at 40h/week

Reasons for selling:

Retirement

Trading hours:

Business Hours

Furniture / Fixtures value:

$500,000 (included in the asking price)

Inventory / Stock value:

$5,000 (included in the asking price)