35 Year Old Building Materials and Salvage Company

Maple Valley, WA

Seller Financing Available

Asking Price:$350,000
Inventory:$100,000
Established Year:1989
Gross Revenue:$1,500,000
FF&E:$200,000
BUSINESS DESCRIPTION

Prime location, solid reputation, turn-key business

Millwork Outlet has been a family owned and operated business since 1989. The Millwork Outlet was one of the first companies in the Seattle area to provide recycled and overstock building materials from manufacturing and construction companies to the general public. For over 35 years they have sold a mix of salvage, overstock, retail and custom order building materials to homeowners and contractors. Millwork Outlet has longstanding accounts with nearly every major window, door, moulding and architectural materials manufactures in the Seattle area. Additionally, Millwork Outlet operates a custom prehang door and woodworking shop.

The business is being sold with all the equipment and inventory. The owners are ready to retire but the four staff members would like to stay. They have all been with the company for many years and know the industry and business well. The business has been in the same location with the same phone number for 35 years. The business is well known in the community and beyond. Lease terms are favorable and there is an option for the new owners to purchase one of the commercial lots.

This would be a great business for another building materials company looking to expand, a salvage company looking for a new location or a contractor/builder looking to add an additional revenue stream.


DETAILED INFORMATION
Location
Maple Valley, WA
Inventory
Included in asking price
Real Estate
Leased
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Owner will help negotiate future leases depending on buyers wants. Price includes equipment, inventory, name, phone number, website and customer records.
Growth & Expansion
We do not currently do any installation which is often requested. The advertising budget for the last five years has been less than $1,000. Almost all our business is word of mouth or repeat business.
Financing
May consider half seller financing
Support & Training
Staff is fully trained and has been working independently for 2+ years. Owners willing to help train during the transition.
Reason for Selling
Retiring

BUSINESS LOCATION
Report an Issue with this listing
Venise Cunningham
Venise Cunningham