Buy a Large Millwork Manufacturing & Installation Business in British Columbia, Canada business opportunity for CAD $2,450,000.00. Buy a business

Founded in 1983. And grew steadily over 28 years. Moved in the 90’s to a modern & roomy facility (18,000 sf), with the fullest range of manufacturing and finishing equipment and machinery in the region.

Design – Manufacture – Install: This commercial millwork business has built a prime customer list that includes hotels, restaurants, government offices, DND, universities, national chain stores, banks, schools and more. The business has won a reputation for on-time and professional installations of custom-built wall panels, trim, doors and cabinetry.

Owner Retiring: The business has experienced managers, and the owner can be available to assist with training and transition. Senior and qualified production and installation staff are employed (including 10 ticketed joiners). Good people in estimating, production and installation confer a considerable advantage for such a business, in a tight labour market.

Terms: Asset purchase or share purchase possible. The Business comes with:
• a complete range of machinery and equipment (includes 2 fully automated CNC processing machines, 1 fully automated saw, automated sander for lacquer finishes). Fair Market value, including tooling, $1,500,000 approx;
• Inventory & work in progress (about $500,000);
• Available tax loss carry forward $290,000 (2011)
• Working capital negotiable.

Real Estate Available: Business premises can be acquired, or premises will be leased on long-term basis, on terms to be negotiated.
 

CAD $2,450,000.00 

VI 494

Share Capital 

CAD $3,026,000.00 

Undisclosed  

28 years 

25+ 

Existing facility has excess capacity - can produce for untapped markets in neighboring provinces. 

Direct competitors of similar size are few. Nobody has a more fully-equipped shop and equally experienced production management. 

single shift, normal working hours 

Owner retirement 

Owner will be on hand for complete training and transition, including post-closing consulting if required. 

Yes 

Bank and owner financing; contingent payment terms will be considered. 

CAD $1,500,000.00 

CAD $500,000.00 

Real Estate is available 

Freehold 

Modern light industrial development near major urban centre 

15,000 open-area facility, with mezzanine and adjacent office space. Modern. Street level loading. 

15000 sf