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Wood & Millwork Manufacturing Company in Salt Lake City, UT

Salt Lake City, UT, US

Added 1 month ago

Wood Manufacturing and Fabrication

Absentee / Semi-AbsenteeRetiring Owner

A Salt Lake City-based manufacturing and fabrication company specializing in wood and millwork with a passive owner and a recurring client base.

Asking

$5.5M

Revenue

$11.4M

Earnings

$2.4M

Multiple

2.3x

Asset value is over $2,600,000, including $1,800,000 in working capital and over $800,000 in vehicles and equipment
Business has more than $6,000,000 in backlog
Business has been established for more than 30 years
Staff includes a leadership team of 5 (including a President), 7 administrators, 9 shop employees, and 6 field employees; all other labor is subcontracted for installation
Recurring client base includes schools, universities, churches, and hospitals
Current owner is passive and willing to stay on for 1 year; selling due to retirement
Seller is willing to carry or roll equity at 15%

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Manufacturing & Fabrication Of Wood & Millwork For Sale - Business for Sale