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Privately Owned Hardwood Millwork/Moulding MFG For Sale

Oklahoma City, Oklahoma, US
Asking Price:
$800,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,700,000
Cash Flow:
On request

Family owned business since 1979 that has grown to a full-scale mill that offers stock hardwood mouldings, custom mouldings, surfacing, sanding, resawing, ripping, gang ripping, precision end trimming, and lineal optimization.

Provides products and services to various cash customers, several local and national lumber yards which includes any millwork/moulding material for small residential projects to large commercial projects such as chain restaurants, banks, hotels and historical buildings. Worked with various architects, builders, and customers to help design and develop various types of moulding profiles to include selecting a profile from over a collection of 10,000 knives that are currently on hand. Customers are able to work directly with the owner and sales manager to obtain guidance on molding profile selection to include help in selecting the species of hardwood to fit their application needs.

Currently there 10+ employees with half of the employee's retained for 25+ years who have extensive machinery and materials knowledge. All equipment maintenance is done in house to include, machine setup and knife grinding that significantly reduces overhead expenses.

Business growth has increased by 15%+ annually the past 5 years and projected to continue to increase due to the economic growth expected within the Oklahoma City area.

Property and buildings are owned by seller and willing to negotiate sale with business purchase.

Owner is involved with daily business operations from customer service, scheduling production, to monitoring workers around machinery and conducting quality control on final product. Owner is willing to negotiate retention with buyer to help manage and continue operations.

Property Information

Real Estate:

Lease

Location:

Business is located near a main interstate with easy on/off access for customers and suppliers.

Premises Details:

Operations are conducted out of a 36,000 sqft facility in a I2 Industrial zoned area that includes a customized high efficient bag house for sawdust collection, a lumber storage area and loading zone, and separate office building with reception area, conference room, and 4 private sales offices.

Business Operation

Reasons for selling:

Owner Retirement

Employees:
10
Years established:
47

Other Information

Furniture / Fixtures value:
$-1 - included in the asking price
Inventory / Stock value:
$-1 - included in the asking price