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Businesses For Sale   >>   Metals Manufacturing Businesses For Sale

Leading Manufacturer / Supplier

Location  North Carolina,United States
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $6800000
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1970
Number of Employees  20 - 34
Inventory  1200000
Relocatable  No
Number of Employees  20 - 34
Real Estate  Owned

In 1965 the company founder returned home from Puerto Rico just when a major hurricane had ravaged South Florida. He saw devastation and realized something needed to be done to reduce the death and destruction resulting from these storms. After experimentation and research he developed a product which would reduce the devastation caused by storms and worked with the insurance companies, legislatures and others to demonstrate the benefits which could be realized from the use of this product. Soon both the insurances companies and various state legislative bodies began requiring the use of this product, thus the industry was born. The company is located in a very desirable location in the Southeast which provides quality of life for the owners and employees and easy access to excellent transportation for delivery of the company products. The company has been owned by the family of the founder since its inception and the current family members wish to sell the company to allow them to follow separate endeavors. Assets include the manufacturing plant and five (5) acres, FF&E, customer contacts, complete customer history, approximately $700,000 in A/R and inventory of $600,000 Prospective buyers will be requested to sign a non-disclosure, and provide appropriate information to demonstrate financial capability prior to disclosure on information. Email or contact either Robert or Bradford Hansen at 865.558.0352 for further information on this Manufacturing / Supplier business for sale.

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