The Company is a specialty manufacturer of hardwood flooring, accessory moulding, stair treads, risers, and window parts for customers across the West Coast of the United States. The Company offers both standard and custom pieces to support a broad range of end user needs. The company is located in the Pacific Northwest.
Key Aspects
- The Company maintained strong average gross profit and adjusted EBITDA margins of 23.0% and 10.0%, respectively, from 2022 to 2025.
- A catalog of over 35 hardwood species offers customers a wide variety of options for their hardwood needs.
- With over 40 years of operating history, the Company has established a strong reputation for excellent service and highquality products.
- Management notes that 100.0% of revenue in 2025 is attributable to repeat customers.
Current Markets
- The Company's operations are B2B, primarily serving original equipment manufacturers (OEMs) and hardwood distributors across the West Coast of the United States.
Real Estate
- The Company operates out of a 48,000 sq. ft. facility that is owned by an affiliated entity. Management notes that the facility can be included in sale of the Company; however, a long-term lease for the facility can be negotiated with new ownership.
Shareholder Objectives
- The Company is equally owned by two shareholders who are seeking a full exit from the Company to pursue retirement. One owner is willing to remain with the Company for a negotiable transition period while the second owner is seeking to exit at the time of sale. Ownership is open to various deal structures to facilitate a transaction.
