This business is a manufacturer of heavy duty trusses used in various constructions projects. The business also specializes in custom manufacturing of various items, mainly along the lines of farm and construction type manufacturing. They also sale metal and have a retail division focused on construction related tools and parts, etc. The business services its customers by customizing some jobs to specific needs, thus manufacturing is not limited solely to trusses, but also some customized jobs of various items such as barn doors, etc. Formed in 2003 by the current owners, the business grew as the demand from its customers changed and evolved. It has been a BIG part of the local community since. This is a family oriented business that started just as a truss plant on a shoe string budget. Grew steadily in lumber sales despite a lumber yard only 6-7 miles away. Now that business is out of business.
OPPORTUNITY & FINANCIALS:
- Longevity is a major attribute of this business.
- Profitable and cash flowing is another as the business has topped $1 million in revenues.
- This business is also the only one of its type in the county – few competitors – 35 miles to nearest one. Not many competitors state wide.
- Have sold to contiguous states around Arkansas, as well as all over the state of Arkansas.
- Consistent revenues between $875k and over $1 Million.
- Customer friendly, entrenched in local community. First-rate reputation and first-class service & products.
Have excellent relationships with two metal wholesalers and retailers, as well as several that court their business on a regular basis. Same for lumber. Diversified suppliers and sources – eggs are not all in one basket.
Asking Price: $883,000
Seller’s Discretionary Earnings: $111,109
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