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20 Year-Old Custom Wood Manufacturing

Fraser Valley, Canada
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    20 Year-Old Custom Wood Manufacturing

    Asking Price:

    $6,630,000

    Gross Revenue

    $17,396,979

    EBITDA

    TBA

    Inventory

    2768000

    Established

    2002

    Property ID:

    L#20210145

    Country

    Canada

    State:

    Canada

    City:

    Fraser Valley

    Description

    A profitable turn-key custom wood manufacturer and distributor located in the Fraser Valley, BC. The business operates out of a 12,500 sq. ft. indoor facility and has 1.8 acres of outdoor yard space. This business was established by one of the current owners in 1999 (incorporated in 2002). This business is currently run by four (4) shareholders and 12 employees. The business is a one stop shop for any customer’s wood processing needs. The business generates on average approx. $1.5m in sales per month or roughly approx. 500,000 FBM per month. The business produces and supplies high quality grade wood to large retailers. The business only operates on a business-to-business level and does not sell directly to contractors or the direct public. All four (4) partners have agreed that they would like to sell 100% of the shares of the business. One partner wants to exit the business after transitioning a new owner over a two (2) year time period. The other three (3) partners are willing to stay and continue to work and grow the company under the right terms.

     

    Detail

    Updated on September 3, 2021 at 4:28 am

    Property ID:L#20210145
    Property Type:Manufacturing
    Property Status:For Sale
    Asking Price: $6,630,000
    Gross Revenue:$17,396,979
    EBITDA:TBA
    Inventory:$2,768,000
    Established:2002
    Facilities:The business operates out of a 12,500 sq. ft. indoor facility (1,500 sq. ft. office and 11,000 sq. ft. shop) and 1.8 acres of yard space. The monthly lease rate is $23,000 per month all in. The business subleases 1⁄2 an acre of the back portion of the yard for $6,000 per month to one of their customers.
    Support & Training:6 months
    Reason for Selling:New Venture
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