Premium Hardwood Distribution/Installation Company

Blaine County, ID

Asking Price:	$3,300,000
Gross Revenue:	$5,220,269
FF&E:	$270,658

Cash Flow:	$903,889
Inventory:	$55,000

Listing ID: 2281817Listing provided by BizBuySell

BUSINESS DESCRIPTION

This company provides a high growth specialized construction solution for sophisticated wholesale customers in one of Idaho’s most treasured areas. It has an elite niche with little competition and premium profitability. The company has been in the area for 23 years and is one of its most trusted suppliers, winning the ‘best of’ award in the area for nine years running. Financially, it has exhibited tremendous growth on the top line and bottom line with a four-year sales CAGR of 28% and a four-year adjusted EBITDA growth of 44%. With an ‘asset lite’ fair market value of ~$248,000, the company is doing ~$5,200,000 in Revenue.

Operating from a four-season resort community, clients consist of high-end residential customers, commercial customers, and local builders and contractors. The Company’s 18+ employees love to work here and enjoy the small family atmosphere and culture the owners have cultivated; resulting in attractive years of service in a labor challenged area. Over the years, the company has built favorable costing with their suppliers and premium pricing with its customer base, manifesting into favorable profitability.

ATTACHED DOCUMENTS

Marketing Profile.pdf Download

DETAILED INFORMATION

Location

Blaine County, ID

Inventory

Included in asking price

Real Estate

Leased

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

This company is located in two adjacent work-live business condos in a centralized area (~4,000 square feet). All units have plumbing, heating, bathrooms, kitchens and showers. One is used as a workshop for custom designs, one serves as a warehouse, showroom, and office space. The sellers believe a new buyer would only need the two units to expand and grow the business to >$6,000,000 in sales. The sellers are making the condos available for lease for a new buyer and an attractive lease rate has been included in the listing financials. Further, a new

Competition

The company uses fully organic wood materials; a selling point with the high-end clients they service. In addition, over the years the company has rationalized its customer base to focus on its core high end clients and competencies, minimizing exposure to lower end clients and transactional services like installation. It enjoys premium pricing due to its focused offering, close supplier relationships, platinum customer service, and ownership of the high-end market.

Growth & Expansion

The ideal buyer would reside locally and be an active part of the business. Further, the sellers have prepared existing valued employees who would step up to leadership roles, allowing the new owner to have more work/life flexibility. THE POSSIBILITIES Its current product niche and share of wallet ownership in the immediate area will provide continued growth; adjacent products such as luxury vinyl flooring or tile, locations, increased installation services, new custom designs, and more marketing would grow the company at an even faster rate. This are

Reason for Selling

The founder/sellers have decided they’d like to move to a new chapter of their l

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