Architectural Millwork Firm for Sale – Mid-Atlantic

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Asking Price:
$3,500,000

Gross Revenue:
$7,000,000
Cash Flow:
$1,000,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$50,000
included in asking price

FF&E:
$500,000
included in asking price

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Business Description

Light & Raphael is pleased to offer for sale a commercial architectural millwork firm with a 30-year track record. The company has a very strong reputation in the industry and has grown its revenues and profits over the last several years. It employs a dedicated, experienced workforce and has a marquee client list of prime contractors.

The firm specializes in the design, manufacture and installation of casework and architectural millwork. It produces wood or laminate finished product, in addition to countertops, cabinetry, casework, molding and decorative paneling. The company has designed and built custom casework and milled products for installation in commercial office spaces, healthcare and hospitals, institutions of higher education, multi-unit housing, retail and storefront.

About the Business

Number of Employees:
30
Real Estate:
Leased
Building Sq. Ft.:
25,000
Rent:
$0.42 Per Month
Facilities:
This business is located in a large stand-alone building, housing both the production facility, modern tech-enabled production equipment, and offices.
Market Outlook/
Competition:
Since the great recession, the millwork industry has benefited from a recovering construction industry which looks set to return towards more cyclical growth. Pent up demand and more favorable economic conditions have also led to industry growth.
Growth & Expansion:
Opportunity for new owner to expand into residential millworking.
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About the Sale

Reason For Selling:
Owner wishes to retire.
Training/Support:
Sellers will provide support and training following the sale and will remain with the business for as long as the new owners require.

Listing Info

ID:
1589957
Ad Detail Views:
0

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Business Listed by

Gavin Raphael

Light & Raphael

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