This business is recognized as one of the leaders in the design and production of architectural woodwork, commercial cabinetry and manufactured casework in Northeastern Ohio. Commercial contractors from throughout the area contact the business to bid on products for commercial construction projects. Business is also procured through established relationships with the builder’s exchanges of both Cleveland and Central Ohio. The present owner purchased the company in 2010 and the business founded in 1985.
The company has established an excellent reputation as a result of tireless efforts of both owners to ensure outstanding quality and exceptional customer service. In addition to the business management skills of basic accounting, labor management and scheduling, sales and marketing, a qualified acquirer would need to posses, or be willing to learn the trade skills of bidding, estimating, machine operation, and construction. Our client is willing and able to stay with the business as an employee and advisor to a new owner.
The business is located in a well-constructed facility built in 1992 in an area industrial park. The facility is large enough to house a dozen employees and additional machines, which should allow the location to gross over $1M in revenues. The equipment is up to date and well maintained. In addition to the current owner, the company employs two full-time employees who have both been with the company for quite a while. Additional part time employees are utilized when the workload dictates. Qualified acquirers for this opportunity would have a strong interest in wood-product manufacturing and a minimum net worth of $250,000.
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