Exterior Shutter Manufacturer
Location Tennessee,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $865723
Net Profit / Cash Flow $298552
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2001
Number of Employees 6 - 9
Inventory 165000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Reason for Sale Retirement.
Description This profitable company just east of Memphis, Tenn., is a combination of a shutter manufacturing business and a business that paints, installs and sells the shutters. Both have good profitability and will be sold together. The owners formed the partnership in 2001 after seeing a need for quality shutters in their area. The company manufactures and sells various sizes and designs of exterior shutters. It uses only quality products to manufacture these shutters, which are attractive and well constructed. It sells the shutters to builders, developers and architects throughout the southeast, in a 200-mile radius. It has a great reputation and an unprecedented number of repeat customers. Its closest competitor is in nearby Memphis.
The company is located in 3 buildings on 4.2 acres. It has a 6,000-sq-ft building for painting and storage, a 3,500-sq-ft building for manufacturing shutters and a 1,200-sq-ft building for constructing the louvers used in the shutters. All the buildings are insulated, and the manufacturing facility has a vacuum system. The buildings are located along a state highway that provides easy access to surrounding cities and Memphis. The area is known for its good schools and reasonably priced real estate.
One of the owners would like to stay on after the business sale as an employee and focus on marketing and sales. The other would stay on a negotiable amount of time to facilitate a smooth transition. Contact for more information on this Shutter Manufacturing business for sale.
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