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Millwork Manufacturing Business - Saskatchewan

The company is a prominent manufacturer of commercial and residential millwork product operating in the Province of Saskatchewan since 1978. The business is poised to capitalize on the infrastructure expansion underway in Saskatchewan.

The business owns and operates a 10,675 square foot manufacturing facility and has provided fabricated product from coast to coast. Management has expanded its business lines to include onsite renovation, specializing in interior finishing, cabinets and space planning, design, supply and install. The company operates as the general contractor, having developed strong business relationships with electrical, plumbing and mechanical subcontractors. This enables the business to expand its revenue base independent of manufacturing capacity.

The company has made extensive investments in electronic manufacturing and custom design software systems enabling the company to move seamlessly from design, material order to manufacture and install.

The business realized normalized earnings before interest, taxes, depreciation and amortization of $278,000 on revenue of $1.5 million during the 2008 fiscal year. The purchase price of the business is $1.75 million. Included in the purchase are land and building (valued at $1.1 million), equipment ($200,000) and inventory of approximately $100,000. Management is willing to finance a portion of the purchase price with the issuance of a promissory note.

The business represents a true turn-key opportunity for the entrepreneur or investor looking to expand their portfolio.