Founded 40+ years ago, the Company is a long-standing Michigan-based sawmill. The Company purchases standing timber, harvests it, and either sells the logs to an outside party or saws the logs itself to sell as green lumber. The Company sells products within 4 main categories: veneer logs, lumber, other logs (primarily used for pallets), and byproducts. Its customers primarily consist of finished goods manufacturers, lumber processors, and pallet manufacturers. These customers create goods that primarily end up in the housing market, typically as flooring, cabinetry, or other similar products.
The Company differentiates itself from competitors through its emphasis on quality lumber and customer service as evidenced through its top-of-the-line equipment, operating procedures, and tenured staff. Its employee base is highly experienced and features a talented forestry team and management team who assist ownership in running the Company.
Ownership is active in daily operations; however, over recent years significant resources have been committed to ensure a smooth transition. Current ownership is willing to assist in the transition for a period of 6 to 12 months in a decreasingly active role.
The Company operates out of a 20-acre facility with approximately 13,500 square feet of building space. The facility is owned through a related holding entity. Ownership is open to discussions surrounding the sale or lease of the facility to the new owner(s).
Financial Information
December 31, 2022 Revenue: $11,618,403
December 31, 2022 Cash Flow: $1,303,486 (Adjusted EBITDA)
December 31, 2022 Inventory:Â $762,770
Estimated Real Estate Value: $1,200,000
Additional Information
Number of Employees: 19 (Excluding Ownership)
Facilities: 13,500 square feet located on a 20-acre parcel of land. Ownership is open to discussions regarding the sale or lease of the facility.
Support/Training: Ownership is willing to assist in the transition of ownership for a period of 6 to 12 months in a decreasingly active role.
Reasons for Selling: Ownership would like to transition from the Business to pursue retirement.
Investment Highlights
(1) Experienced Forestry Team
(2) Beneficial Geographic Positioning
(3) Industry Leading Lumber Yields
Growth Opportunities
(1) Investment in Automation and Resaw Equipment
(2) Vertical Integration of Operations
(3) Implement Lean Manufacturing Procedures
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Upon doing so you will receive a link via email to review and sign our confidentiality agreement. Once signed we will be able to further the conversation and send you the confidential Offering Documents. Please contact [email protected] with any questions. Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and answer a few questions related to their background and interests. Enquire today about this Long-Standing Michigan Based Sawmill for sale!