This acquisition candidate is a manufacturer and retailer of award-winning residential iron doors. The Company offers dozens of hand-crafted, intricately designed doors. It features a total of 74 in-stock doors in its product catalog and about 200 doors of various designs altogether. It’s factory/showroom is an impressive combination of completed products and in-process custom manufacturing. Another three showrooms are located in affluent communities catering to residential customers who pay an average of $8,000 per door. Costs are contained by working with a third-party manufacturer in Mexico who produces seventy-five percent of the Company’s products. The foundation for growth is established, with immediate plans to open locations in New Jersey and New York.
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