Sawmill in Northern New England
Location: Portland, Maine
Industry: Building and Construction
Listing ID: CM42323
***Confidential listing, not in indicated city***
This is a successful, small-scale sawmill that specializes in producing cedar boards and from 1inch furring strips to 8 by 8 lumber. The mill produces 3,000 – 4,000 board-feet per day.
Logs are stored in the yard and then transported into the mill. One log at a time is fed into the mill, where the depth of cut is selected, and lasers show the cut line.
Lumber is cut and sorted by size. Scraps and sawdust are collected for sale. Nothing goes to waste!
The business runs for 7 months and closes down in the winter. Employees go to pick up snow plowing or other work and return in the spring.
Customers include home builders, log cabin companies and retail cedar buyers.
Disclaimer: Information and financials provided by the sellers and Inbar Group has not audited them.
Gross Revenue: $327,000
Cash Flow: $128,000
FFE: $500,000 (Included in Price)
Real Estate: $200,000
Reason For Sale:
Training & Support:
Seller will assist.
Year Established: 1943
Year of Last Acquisition: 1980
Days & Hours of Operation: Monday-Friday 7.5 months a year
Owner Hours Per Week: 20
Non-Owner Payroll: $42,369