TYPE OF BUSINESS: Wholesale Wood Product manufacturers for various industries located in the metro area and established with the present owner for over 20 years. The manufacturing process is divided into two parts: Lumber remanufacturing and automated assembly.

They have a total of three automated nailing systems, with one of them being a turbo, computer-controlled, fully automatic system that produces a large capacity of product per shift. The computerized method includes a cant unscrambler, twin cut-off saws, a sizer, a gang rip, and a board stacker. This system produces approximately 40,000 board feet of lumber per shift.

Hours of operation 6:00 a.m. – 4:30 p.m., Monday –Thursday, 6:00 a.m. – 12:00 p.m. Friday, Closed Sat-Sun.

FACILITY:  This business operates in multiple commercial buildings totaling approximately 10,000 sq. ft. Seller owns the buildings and property available for sale.

EMPLOYEES:  Seller is a semi-absent owner. He works from home, and his primary duty is ordering the lumber. He works from Arizona during the winter months with management in place. The manager’s job description is the overall coordinator of the day-to-day operations and oversees the office. This business has 35 full-time and temp employees.

GROSS SALES/CASH FLOW:  The gross sales for 2021 were $12,147,753, 2020 gross sales were $9,862,059, and the gross sales for 2019 were $9,076,444. Sales through August 2022 are over $900,000 over August 2021! Cash flow to owner-operator in 2021 was approximately $883,350. Cash flow in 2020 was roughly $550,000, and  Cash Flow in 2019 was about $537,000.

ASKING PRICE: The asking price is $3.2 million for the business and $2.2 million for the buildings and property. The asking price includes inventory valued at $400,000 and furniture, fixtures, and equipment estimated at $700,000. SBA financing is available to a qualified, experienced buyer.

REASON FOR SALE:  Retirement