Asking Price: $9,450,000 Gross Revenue: $11,067,152Cash Flow: Not DisclosedEBITDA: $2,139,675Inventory: $1,159,000 not included in asking priceFF&E: $7,670,000 included in asking priceReal Estate: $3,000,000 not included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Our client is a Southeast based manufacturer of Southern Yellow Pine boards, dimension lumber and ancillary products. The company shatters industry benchmarks for gross and net margins. Although the bulk of their income is derived from the manufacture of yellow pine, they have four other distinct revenue buckets accounting for 40% of their income. The company’s equipment was recently appraised by a certified forestry expert at over $7.67 million and their average monthly inventory is $1.16 million. Revenue for U.S. sawmills is expected to grow at an annual compounded rate of 4% between 2018 and 2022. The sawmill sector is highly fragmented with the 50 largest companies generating about 50% of the revenue. Low hanging fruit to scale up - the company has NO WEBSITE!
About the Business
Number of Employees:
The company operates in multiple buildings on approximately 16.5 acres. There is an additional 10.5 acres that will be included in the sale, and is available for expansion. The property is well situated with easy access to major thoroughfares. The property is owned separately by a family trust. It is available for purchase at $3 million or can be leased for $30,450 per month with an option to purchase.
The company is in a growth trajectory, has strong margins and a competitive advantage with their own fleet of trucks for delivery and close proximity to shipping ports. Great opportunity to quickly scale up, as the company does NOTHING to promote themselves. This opportunity won't last long.
Southeast Based Lumber Manufacturer With 60% Gross Margins
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