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Hardwood Lumber & Product Factory
Location: Romania
Industry: Manufacturing > Wood Products Manufacturing




Business Summary

Location: Romania
Sales: $2.8 Million USD (2011) -Plant has capacity of $10M in sales
Price: $7.0 Million USD for an Asset Sale (Includes $2.7M in land and buildings)
EBITDA: $648,000 USD and growing

• Growing manufacturer of quality hardwood lumber and related products established in 1993 seeks new ownership to bring additional vision and growth to the company
• Products include lumber (beech, maple, oak), edge glued panels, chopping boards, countertops, wooden stairs, and solid wood furniture and are sold in China, USA and Europe
• Factory is Certified ISO 14001, 18001 and FSC (Forest Stewardship Council) with a sawmill capacity of 2,500cubm monthly and panel plant capacity of 150-200cubm monthly
• New capital investments (using EU Grants) include an industrial boiler with automatic feeding system and a twin band saw and stacking equipment
• Solid management team utilize modern manufacturing and HR practices and state-of-the-art technology to maintain high productivity, low costs and enable new product development
• Sales are expected to grow 20% in 2012 and the gross profit margin is consistently over 50%
• Future approved (EU Grant) capital projects are for new panel machinery and a pellet plant
• Sale includes 8 acres of land, 100,000sf in buildings (panel plant, sawmill, kiln, dying rooms, storage, warehouses) with an appraised value of $2.7 Million USD
Seller is seeking to pass their business to experienced operators who can build on growing sales. It is important that new ownership continue the company’s social legacy of investing in the community and creating a positive work culture. Seller will be a strong asset during the transition.

For more information contact Frank Kusmer or Chris Kassardjian in Vancouver (Canada) at: +1 604 909-1271


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $2,800,000
Cash Flow:   $650,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  1993
Number of Employees:  50 - 99
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes, seller will complete a proper transition period.
Reason For Selling:  Retirement

Photos

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Hardwood Lumber & Product Factory Photo 1




Print Listing Id: 700175463
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Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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