Remanufacturing Sawmill / Timber and Lumber Sales – Est. in NY over 120 Years

Price: $2,900,000

Location: Upstate New York

Industry: Manufacturing

Listing ID: 1222021

Manufacturing Sawmill / Timber and Lumber Sales – Est. in NY over 120 Years
This business is a full-service Sawmill Remanufacturer and Timber, Lumber and Building supply house that services general contractors, builders and Lumber and Timber wholesalers.
They carry a line of hard to find, imported, high quality, Timber and Lumber. They have built their reputation on providing extra high quality sawmill work, specialty Cedar and other quality building materials for the construction industry, kitchen/bath, cabinetry, windows, doors, log homes, and more.
The company is distributor and a service shop for Anderson Windows. In addition, they are distributors for Roofing Materials, Trusses, Insulation, Inbargles and Cabinets under an exclusive agreement with different high-quality manufacturers.
This company specializes in custom made milling and unique hard to find molding using state-of-the-art milling and grinding tools. The company services contractors and builders across New York State, New England and throughout the Northeast.
Established in 1901, the company operates out of multiple structures on a 10-acre property that is owned by the seller. The real estate is also available for purchase and is incidental to sale of the business. Open 5 days a week. The business is priced to sell with a highly motivated owner. Seller will provide hands on training to ensure a smooth transition The seller is seeking retirement. SBA pre-approval is underway.
For more information, please contact: msussman@inbargroup.com
• Asking Price: $2,900,000
• FF&E: $900,000 included in Asking Price.
• Annual Cash Flow: $950,000
• Gross Revenue: $8,000,000
• Inventory: Estimated at $850,000 Not included in Asking Price.
• Employees: Seventeen
• Monthly Rent: $11,500
• Security Deposit: $23,000
• Down Payment: Negotiable
• Open: 5 Days
• Building Size: 10 Acres (Plus Multiple Buildings)
• Established: 1901
• Reason for selling: Owner is seeking retirement.

Listing Details

Gross Revenue: $8,000,000

Cash Flow: $950,000

FFE: $900,000

Training & Support:

Seller will provide training and support to ensure a smooth transition.

Operation

Year Established: 2021

Days & Hours of Operation: 5 Days

Employees: 17

Location

Monthly Rent: 11500

Type of Location: Single location

Square Footage: 10 Acres

Summary

Potential Growth:

There is plenty of room for potential growth and expansion.