OEM Marine A/C & Refrigeration Manufacturer
Location Florida,United States
Asking Price Range $250K - $500K
Gross Revenues $300000
Net Profit / Cash Flow $185000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1972
Number of Employees 1 - 3
Inventory 364850
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Owner will consult with new Owner as may be required & this can be negotiated. A very loyal & long time employee that has been with the company for over 22 years would like to stay with the business & will be able to provide any additional support & train
Reason for Sale Health reasons of family member & owner is choosing to retire.
Description OEM Marine Air Conditioning & Refrigeration Manufacturer For Sale For $275,000. This is one of the most established & respected companies of its kind. A superb reputation that has gained the respect of everyone in the marine industry for over 36 years. This company. produces marine air conditioning equipments. They custom fabricate, manufacture, install & repair marine air conditioning systems & work with air compressors, chillers, condensers, generators & stabilizer coolers.Even with this economy when sales have dipped, revenues are still around $300,000 & when the economy stabilizes again can reach up to $450,000 or more with the right person in charge. This is a Sub''S'' Corporation. There is approximately $16,000 worth of inventory included in the sale, plus fixtures, furniture & equipment that have a replacement value of approximately $348,850. Owner loves his company & being in the business, but is retiring due to family health reasons. Owner will consult with new Owner as may be required & this can be negotiated. A very loyal & long time employee that has been with the company for over 22 years would like to stay with the business & will be able to provide any additional support & training along with the current owner. Current lease is for $1,584 per month. Lease can be assumed, however this business can be relocated if so desired. The facility consists of an office plus warehouse & there is a second office, if needed. Owners wishes to state that this business can be relocated, if necessary. Please email or call 321-452-3462 for more information.
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