This Midwest-based Wooden Furniture Manufacturer and Wholesaler for sale specializes in producing unique rustic and log furniture products while continuously improving, redesigning, and developing the style to keep up with consumers’ tastes. The Company boasts green operations, understanding the importance of a healthy environment.
The Company was founded almost a century ago by a previous owner. Since inception, the Company’s management structure has changed multiple times, but current ownership has held the Company for over a quarter of a century. The Company currently employs 32 employees (excluding the owners) that handle all aspects of sales, manufacturing, and office duties.
The current owners desire to divest the Business so that they can focus on retirement as well as spend more time with family. The owners are willing to provide reasonable and customary transition assistance and are committed to supporting the Company’s continued growth throughout an extended transition period.
The Company has one facility, which is owned through a related entity and is in excellent condition. The owners wish to sell the facility to new ownership.
Financial Information
July 31, 2022 Revenue: $4,695,995
July 31, 2022 Cash Flow: $667,781 (Seller’s Discretionary Earnings)
July 31, 2022 Inventory: $1,277,856
Note: The Company uses a July 31 fiscal year end.
Estimated Real Estate Value: $1,900,000
Additional Information
Number of Employees: 32 (Excluding owners)
Facilities: The Company operates out one facility of approximately 114,000 square feet. The facility features an office and breakroom, warehouse, and production space with 7 docks doors and 3 drive-in doors.
Support/Training: Ownership is willing to provide reasonable and customary transition assistance. The owners are flexible and willing to stay on as needed for a smooth transition.
Reasons for Selling: Ownership wishes to retire and spend more time with family.
Investment Highlights
(1) Extensive Equipment Base: With a vast line of equipment for the manufacturing process, the Company can ensure quality in its products and increase revenue capacity without the need to invest in more equipment.
(2) Sustainably Sourced Products: The Company has stayed true to its goal of sustainability in business operations throughout its lifetime and can utilize its green operations to increase cost efficiencies within the Business.
Growth Opportunities
(1) Workforce Expansion and Marketing Applications: While the Company has a simplistic and easy to maneuver website and an effective employee base, additional workers paired with additional advertising strategies could grow the demand for the Company’s products, increase its manufacturing output, and increase cost efficiencies in the Business.
(2) Increased Online Presence and Operational Efficiency: By implementing robust systems within the Business and increasing software implementations within the website, the Company can add efficiencies to the Business by reducing customer response times, eliminating repetitive tasks, consolidating data, and improving team dynamics.
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Upon doing so you will receive a link via email to review and sign our confidentiality agreement. Once signed we will be able to further the conversation and send you the confidential Offering Documents. Please contact info@caldergr.com with any questions. Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and answer a few questions related to their background and interests. Enquire today about this Wooden Furniture Manufacturer and Wholesaler for sale!