Ref. HZ-ABDZ5Z · businessbroker · Scierie / Foresterie · Manufacturier
Manufacturing & Fabrication of Wood & Millwork
Salt Lake City, UT
88% complete
« no financial data provided by the source · data quality 44/100 · signals : LONG_TIME_ON_MARKET »
Description
Presenting a manufacturing & fabrication company with a focus in wood and millwork where the owner is very much passive. They are boasting more than $6M in backlog and the asset value is over $2.6M; which includes a working capital of $1.8M, vehicles and equipment over $800,000. They have a recurring client base which consists of schools, universities, churches, and hospitals. They do not carry any designations such as MBE, WBE, or SDVOSB. The business owner enjoys running this company passively due to the experienced leadership team of 5 which includes a President who has been groomed to operate the business, 7 Administrators, 9 in the shop, and 6 in the field. Labor includes the General Manager, Foreman, Estimator, Production Manager, and Fabricators with all other labor subcontracted out for installation. The owner is willing to stay on for 1 year and is selling due to retirement as he established this business more than 30 years ago. Due to reasons for growth and expansion, they ha
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