This locally-owned manufacturing Company has been operating in the same location for over 40 years. It has an excellent reputation and many long-term employees. They provide high quality products, personal touch and ease-of-use to customers of the Pacific Northwest. Custom-designed for each project, their products reduce labor costs and save time. The Company is dedicated to helping its customers. They provide expert product knowledge, excellent customer service, and high-quality products at fair prices, while offering opportunities for a fulfilling career for each employee and a reasonable rate of return for its Owners. They are recognized as the building component supplier of choice for the Pacific Northwest.
- Asking Price:
- $5,400,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $7,804,694
- Cash Flow:
- $1,162,632
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The manufacturing plant and office sit on approximately 5 acres, zoned light industrial. The undercover manufacturing area is approximately 14,000 sq. ft. The 3,000 sq. ft. office area was remodeled in 2023. The paved parking lot has adequate parking with additional parking available in a graveled area. There is plenty of room for all Company trucks and trailers. Outdoor storage units include three large cargo containers.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
The Company has historically operated 20 hours/day with 2 shifts. In recent years, to meet the management's comfort level, they have pulled back to one shift.
A new owner could be more aggressive as the Company currently has enough equipment and roaming stock to increase growth. Possible growth opportunities include adding a second shift, working extra Saturdays or working longer work weeks. More sales people could be added. Building relationships in the Home Builders Association and the associated general contractors in the area could increase sales. Potential lower interest rates could increase the building market, which could have a favorable impact on Company growth.
Local counties provide information on building permits that could be a source of additional markets. The information is available to the public on the individual county websites. Permit holders could be contacted through the Company sales force via phone calls, letters or personal contact.
Additional markets to explore include residential construction companies, agricultural construction, individual owner-builders or industries such as the transportation and medical sectors.
- Competition / Market:
-
While the Company has direct competition within the industry, their custom-designed products and state-of-the-art quality and precision increase efficiency and reduce costs for customers. The products provide flexibility and installation speed. Their value-engineered system exceeds the capabilities of their competitors and their method is proven to be faster and more efficient.
- Reasons for selling:
-
The majority Owner plans to retire.
- Trading hours:
-
Monday-Friday 7am-5pm
- Employees:
- 30 FT/2 PT
- Years established:
- 41
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Financing available:
-
Lender pre-screened with $540K down.
- Furniture / Fixtures value:
- $1,568,408 - included in the asking price
- Inventory / Stock value:
- $884,421 - included in the asking price
