Wood Fabrication Manufacturing Company
Exclusive Business for Sale - Playbook Advisory Business Brokerage Group
Listing Price $795,000
Listing ID: PB16131
Opportunity for a buyer to purchase a well-known and successful Design & Wood Fabrication Company located in a Suburb of Chicago.
Why You Should Be Interested:
- Independent Company
- Seller is Second Generation Owner
- Repeat Customers - Large Corporate Customer Base
- Skilled Staff
- Training & Transition Provided
- Pre-approved SBA Financing for Qualified Buyers
- Company Sponsored Profit Sharing
Facts About this Listing:
- Revenues 2017 $1,070,196
- SDE Average $223,504
- FFE $200,000 +
- Leased Facility
Playbook Advisory has been engaged to sell the assets of an established Custom Corporate Fabrication Manufacturer. This 30-year-old, must see business operates out of a single convenient location in the Chicago Suburbs and presently services clients located in the Chicago Metro area as well as in Northern Indiana. The Company also ships its products nationwide.
The Company specializes in custom built Office Furniture and Countertops, including Desks, Nurse stations, Hospital items, Reception Areas, Lockers, and much more. The Company primarily offers its products and services to other businesses, but it selectively fabricates customer projects for residential customers.
The Company uses a variety of durable synthetic materials to build its products such as Formica and Pre-finished Veneer to guarantee a lifetime of use. Opportunities exist to grow the business by expanding sales and marketing and to leverage the Company's reputation in the Chicago market.
Interested buyers are required to execute an electronic NDA to the disclosure of the name and location of the Company. In addition, buyers should be prepared to submit either a LINKEDIN Profile or Resume for Customer Approval. Please call Jim Peddle or email.
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The Company operates out of a single leased facility that is mostly factory floor space. According to the Seller, the space is not fully utilized and there is room for expansion.
The Company doesn’t have a consistent set of direct competitors. Its competitors vary on a project by project basis.
Growth & Expansion:
The Company's marketing is primarily word of mouth and a new owner could expand the business rapidly by investing in a marketing and branding strategy. The Company currently has no social media, paper marketing, or a full catalogue and establishing them would help draw in new customers. A new owner could also increase the size of the production staff and take more steps to automate production.
Support & Training:
The seller is willing to train the buyer through a transition period and the staff will stay on in their current or expanded roles
Reason for Selling:
Retirement - Travel