Active
Title: Turn-Key Custom Millwork Business
Great opportunity to acquire a turn-key custom millwork shop, that drafts, manufactures and finishes high-quality interior millwork throughout New York City and the surrounding area. Over 38 years in operation, this business has an outstanding reputation in the high-end residential market with an established client base.
Operating out of an 11,000 square foot factory and equipped with an expert team of in-house drafters, cabinet makers, finishers and installers, along with state-of-the-art woodworking machinery, this business is well positioned for growth and expansion possibilities for the Buyer.
Listed By: Omar Kettani
Operating out of an 11,000 square foot factory and equipped with an expert team of in-house drafters, cabinet makers, finishers and installers, along with state-of-the-art woodworking machinery, this business is well positioned for growth and expansion possibilities for the Buyer.
Listed By: Omar Kettani
Background information
Reference:
rwetwert
Year established:
N/A
Reason selling:
Owner is retiring / moving to other ventures.
Finance
Sales:
$3,200,000
EBITDA:
$400,000
Operations
Employees:
22
Equipment:
N/A
Inventory:
Not included in asking price
Premises
Facility:
Leased 11,000 square foot factory and office space.
Rent and lease terms:
N/A
Price and terms
Price:
$1,450,000
Training:
To ensure a successful transition, the owner is open to remaining involved in the business for a period of time depending upon Buyer needs and agreement.