This unique business was a family-owned Colorado company that specializes in affordable, custom reclaimed wood designs, barn wood furniture and reclaimed lumber sales. The business was originally established as a lumber company in 2012. The company sells raw reclaimed product to the public and builds custom items for both commercial accounts and residential customers.
By utilizing the wood and building materials from unwanted barns and structures, they are preserving a piece of Colorado history, while simultaneously creating less waste.
The team of craftsmen all share a common passion for preserving and reclaiming barn wood and materials – whether the reclaimed wood originated in a Colorado farmhouse, an antiquated lumber mill, an old barn, or an old rail car, the vintage wood product will be 100 percent recycled and eco-friendly. Their one-of-a-kind creations include tables, doors, accent walls, mantles and more.
FacilitiesThe current shop space is approximately 1500 square feet with a 1500 square foot basement, and sits on a one-half acre lot with a gated fence. The business could be relocated or leased with a negotiated term from the property owner.
Financials
Asking Price: $150,000
Included in the Asking Price: Inventory and equipment worth $68,000
2018 Revenue: $223,200
2018 Cash Flow: $74,500
Market Outlook
Competition: Current ownership does not view any true competitor in the area. While there are a few other companies in the reclaimed barnwood industry, they all concentrate in a different area of expertise. They have remained competitive by focusing on their strengths and servicing their customers well.
Growth and Expansion: Given the demographics of the area and explosive growth of the immediate business community, the outlook for this simple business’s services is bright. New ownership that has the rudimentary business skills to implement a methodical approach to sales and marketing has a tremendous opportunity to take this company to the next level.
About the Sale
The current owners plan to retire but are willing to train the new owner for 30 days free.
