Fabrication & Manufacturing of Millwork with Passive Owner - Business for Sale
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Millwork Fabrication & Manufacturing in Salt Lake City, UT
Salt Lake City, UT, US
Added 1 month ago
Millwork Manufacturing
Absentee / Semi-AbsenteeRetiring Owner
This business specializes in the fabrication and manufacturing of millwork for commercial clients in Salt Lake City, UT, operating with a passive owner and a tenured team.
Key Information
Asking
$5.5M
Revenue
$7.2M
Earnings
$1.2M
Multiple
4.4x
Key Highlights
- Business has operated for 30 years
- 27 employees: 5 in Leadership, 7 in Administration, 9 in the Shop, 6 in the Field
- Owner is passive and not involved in daily operations
- Over $2,000,000 in assets included: $1,300,000 in working capital, $170,000 in new buildout, nearly $600,000 in equipment, vehicles, and tools
- Current backlog exceeds $6,000,000
- Facility size is 14,000 sq. ft. in Salt Lake City
- Owner willing to finance 10-15% of the purchase price
- No special certifications or affiliations (not MBE, WBE, veteran owned, or union)
Contact Info
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