Amazing Value - Custom Woodworking Manufacturer - with Property
Annual Sales / Revenue
Business Key Points
LocationAvailable after signed NDA
Rare opportunity to own an established custom woodworking business with significant asset value - including real estate appraised at $1,400,000, equipment $300,000 and inventory approx. $100,000. This business has established a niche for custom specialty woodwork for upscale residences and resort properties. Working with architects, interior designers, decorators and homeowners, the company produces specialty architectural woodwork and unique kitchen, bath and other cabinetry. The company is certified to produce exterior doors systems that meet current building codes in Canada and the US. Purchase Options:A - 100% of shares B - 80% +/- of shares from retiring shareholder. The minority shareholder, a master cabinet maker and shop foreman who has been with the company for 24 years will partner with a compatible new owner.
The real estate is comprises of a total 1.245 acres zoned Commercial Service on 2 titles The improvements are situated on one title with 9,700+/- sq.ft. of office and manufacturing space on the main floor and a comfortable high quality 4 bedroom loft home of 2400sq. ft. +/- on the second floor. There is second lot is .44 of an acres with a separate title. This lot is not required for the business. and can be developed for other uses or sold. Estimated value is in the $225,000.00.
This is an opportunity to live and work or to invest in a Rocky Mountain Resort town in South Eastern BC known for its safe environment, friendliness and of course natural beauty. Expansion potential is great. There is a strong market for the companies products and the market can be expanded geographically. The company possesses certification to produce both interior and exterior doors systems. Few small custom shops can make this claim.
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