Starmont Advisors of Alexandria presents an opportunity to acquire a traditional sawmill business with only one sawmill running in 2018; they had revenues of 3.5 million. This well-established sawmill business is also operating with exceptional margins and has history of generating significant cash flow with EBITDA of greater than $500,000 plus per year. These annual revenues have been very stable for
years. The owner is ramping up to increase mill capacity that will substantially increase annual revenues for the company this year. Recently, the current owner stated he made improvements of nearly $1M into renovations and additions to the sawmill to take advantage of an opportunity that he states will triple current revenues
over the next year.
Ultimate job security…Own your own business
These upgrades / additions will allow the sawmill to add an additional product line which has high regional demand and is in short supply. This New product line will increase the gross revenue to $8-$10M that will increase cash flow to over $1,000,000 plus. The owner has excellent financial records, including tax returns, that can be made available to a serious buyer. This business enjoys a very diverse and growing customer base including some international accounts. To meet the customers’ demands, the owner keeps a huge inventory of hardwoods on the ground year around. This keeps the company positioned to take advantage of large incoming production demands when they occur. The company has a diverse inventory supply chain providing more than ample inventory to meet the demand surges that this company faces. The company has long term qualified local staff already in place providing a strong workforce ready to work for the new owner. The current owner is willing to stay on for an extended period as a manager / operator understanding this may be an extended transaction. The real estate, which includes approximately 9.00 acres, will also be included in the sale of this profitable business. The owner has significant industry experience and is only selling as he looks forward to retirement.
NOTE: This product line and financial records will only be discussed with interested and qualified buyers having submitted a satisfactory financial statement and a signed standard confidentiality agreement.
**Agent is sponsored through Sunbelt Business Brokers of Alexandria, sponsoring broker Brandon Bourgeois, telephone number 225-201-0202. Please contact agent directly for more information.
Annual Receipts: $8,000,000
Cash Flow: $1,000,000
Furniture, Fixtures, & Equipment: $ Upon Request
Inventory: $ Upon Request
Asking Price: $2,900,000
Reason for Sale: Retirement
Contact: Darren Williams