Steven Shelton
Saratoga Springs, UT (USA)
Role(s):
Founder/Owner/Principal
Sierra Building Products
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Startup
Location:
Saratoga Springs
Industry:
Construction
Year Founded:
2008
Number Employees:
10-50 people
Description:
We are a retail door shop with the opportunity to purchase the property we sit on (2ac.) We also have the opportunity to make an asset purchase of one of our vendors that manufactures custom hard wood doors. This would also give us the additional space to expand into a second retail store for the distribution of these custom doors along with our 8 other product lines. Our business is up 60% in the first 2 months of the ownership, of this 20 year business. Our payables are up to $280,000 all within 40 days, and our receivables are $165,000 current. We are honestly cash poor and i know this would be a great opportunity.