Industrial Products Manufacturing
Location Florida,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2631000
Net Profit / Cash Flow $424823
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1991
Number of Employees 10 - 19
Inventory 850000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training 4 weeks.
Reason for Sale Retirement.
Description SALES FOR 2008 FOR THIS HIGHLY DESIRED COMPANY SHOWED A 14% INCREASE. Located in Northeast Florida, this is a full-line manufacturer of round and oval duct products for new and upgraded commercial and industrial construction. Market area includes nine of the top 20 fastest growing large and mid-sized cities in the country with six of those located in Florida and one in Georgia. Their marketing area also includes Alabama and the Carolinas. With new large contracts just being approved, sales levels for 2009 are beginning to move upward again after a brief lull during the recent spring season. For seventeen years this company has built an exceptional reputation that provides a 95% repeat business from established clients. Receivables net of payables, and inventory are included in the price. Long-term financing on real estate and equipment at a low fixed rate may be available to a qualified buyer. Owners may consider substantial owner financing as well. Current owners willing to stay on for extended period of time for continued operation of the business during a longer transition period. Owners will lease the real estate to a new buyer unless the buyer wants to purchase the real estate. The real estate will be sold at the current appraised value. Lease rate to be negotiated. Contact for more information on this Industrial Products Manufacturing business for sale.
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