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Cash Flows $175K on $852K in Sales, 8 Yr. Old Millwork/Woodworking Biz

Greater Denver Area, Colorado (Denver County)

Services - Other Miscellaneous services | Construction - Special Trades

$Seller Financing Available

Asking Price $300,000 Inventory  
Gross Income $850,939 Real Estate  
Cash Flow $172,400 Year Established 2000
FF&E $235,000* Employees 6

* included in the asking price

** not included in the asking price

Just $200K Down. Sale includes over $240K in Solid Assets, i.e. in Furniture, Fixtures, Equip, AND includes $150,000 in current Accounts Receivable for a fresh start. There will be NO debts at the Close; Debt Free! We do Large Commercial Millwork and Woodworking for the biggest names: Chain Restaurants, Old Chicago Pizza, Earl s Restaurants, Heidi s Deli, Rock Bottom Brewery, Aurora Police Station, Doctor/Dental/Medical offices, Red Robin etc. We have long-standing relationships with many contractors that send us work. We do full-scale commercial woodworking, tables, booths, crown and base moldings, paneling, etc. Everything is here to triple the business in 2-3 years! We have 6 loyal employees who can run the business. Our shop workers are self-driven and are the best in Denver. The Seller guarantees that the business is healthy and has no problems of any sort. The seller will provide full training to the new owner to ensure a smooth transition. Very spacious 11,000 SF shop and showroom can handle 3 X s current capacity. A++ looking showroom, newly upgraded. Very advanced Bid and client management software automated entire bid process. The work just comes to us without any form of sales or marketing efforts. There are many products and services that are asked of us that we haven t pursued. We just got a $100k job and potentially 22 large jobs with a national restaurant chain. The buyer needs no direct experience, just high energy and a sales and marketing background. Never a compliant in 8 years! Also, 8 years and not 1 injury says it all for safety. The seller charges far lower than the competition for work. This is the upside. He strongly feels that a new owner could easily increase bids 10%-15% and still get the work. This would double cash flow immediately. We have a state of the art 8,000 SF shop, all updated. Call 303-382-1925, or email us at chris@companybroker.com for a Comprehensive Video site walkthrough and 4 yrs. of CPA financials.

Attachments: Download additional information (DOC)

Facilities: There is capacity to more than triple the business from here with 11,000 SF, including an 8,000 SF shop. The showroom is A++ looking and newly refinished-Very functional. Sale includes the best equip in the business valued at $100,000 in fixed total assets, plus $150,000 in A/R for a fresh start for new owner. New shop equipment including a advanced CNC machine. The most valuable asset is our solid name and reputation for the finest millwork and woodworking business in the entire Front Range. Everything is here to dramatically grow.

Competition: We have only 3-4 direct competitors and there is plenty of work for everyone. Our contractor/customers will not work with 5 guys and a truck . They will only work with a solid company with a strong track record for excellence. We have never missed a deadline says the owner, and they love us for it. We have grown steadily to $1.1MM over the past 8 years and have never done any pro-active sales and marketing efforts. Someone that can hustle work can get all the work they want. There is work everywhere; the seller is holding the business back!

Growth/Expansion: We have never advertised or marketed our services. There are dozens of ways to immediately gross the business and triple the cash flow. We have concentrated strictly in Denver in the past and there is enormous work in the mountains and outside Denver. Also, there are many other products and services that our clients ask us to provide that we have ignored. Please see the video on this point. The main area to grow is simply to accept more of the work that we are asked to bid. We can t even keep up with the bid requests now. Seller committed to train.

Seller Financing Available: Yes

Financing: Seller so confident in the business transfer - will carry 30% of sale price.

Support/Training: Seller will stay on and is committed to a smooth transition for the new owner. The company has been around for 8 years, it will continue to thrive and grow with a business-minded owner. The 6 key employees are very active in running the company now, and will gladly stay on with the new owner. The shop basically runs itself. Everything is here to make $3,000,000/Yr.

Reason Selling: Seller works full-time another company and can't concentrate on this business.

Business For Sale By

Chris Chambers

303-382-1925

VR Business Brokers

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Contact the seller about this Cash Flows $175K on $852K in Sales, 8 Yr. Old Millwork/Woodworking Biz

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