Custom Millwork Fabricator
This 35 year old company produces high quality custom millwork products made from white pine, Red cedar, Louisiana Cypress, Spanish Cedar, African Mahogany, and redwood. They fabricate a large selection of merchandise such as Gable Vents, Shutters, Access Panels, Corbels & Brackets and Door Inserts and can ship worldwide. Their customer base includes some of the nations most prominent building products supply companies such as McCoy's Building Supply, BMC Building Materials, Builders First Source, Lowe's and Home Depot. They manufacture theses products in their 10,000 sq. ft. building. The company manufactures large variety of custom shutters and hardware for all budgets, from the less expensive economy grade to the finest shutters available anywhere in the world reinforced with steel to provide strength and long term durability. They make all sizes of custom corbels and brackets for residential and commercial buildings. The company also makes insulated attic access panels available in all sizes with lock and key included, as well as louvered door inserts for ventilation of utility areas and closets. Their building supply customers are located in Texas, Louisiana, New Mexico, Oklahoma, north & South Carolina. Their skilled staff of 24 employees are all long term employees that includes a shop foreman and office manager. Sales are made through distributors and direct contact with building supply companies. They do not sell to builders or individuals. The owner is retiring and will provide training of a new owner as needed.
24 full time
Includes radial arm saws, miter saws, table saws, sanders, air compressors, fork lift, molders, assorted hand tools, and office equipment.
Averages $40,000 of raw material. They do not inventory finished products.
10,000 sq. ft. shop and office metal building.
The land is 18,,750 sq. ft. with a 10,000 sq. ft. metal building.
Rent and lease terms:
Seller would prefer selling the real estate, but would consider selling the business and leasing the real estate.
Houston Metro Area
Ample opportunity for growth by adding distributors and/or a sales force to expand the market area.
Price and terms
Proposed new SBA loan for $1,782,000 @ 7% interest over 17 years = $14,962.75 P/M.