Manufacturing Industrial Products Business For Sale

Business description

SALES CONTINUE TO INCREASE WITH THIS HIGHLY DESIRED COMPANY. 1ST QUARTER RESULTS SHOW A MORE THAN 15% INCREASE IN SALES. 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. Sales continue to be strong and increase as is evidenced by the past three years' profit and loss statements and corporate tax returns. For seventeen years this company has built an exceptional reputation that provides a 95% repeat business from established clients. This company has a clean environmental record and even greater long term potential. SBA long-term financing at less than 7% fixed is available to a qualified buyer. The owners have indicated a willingness to provide some financing to a qualified buyer as well. In addition, there could be additional tax breaks available to the buyer if the real estate is purchased along with the business. This business would also be a great fit for a partnership where the new owners could share the duties as is done currently. Current owners would be willing to stay on for an extended period of time for continued operation.

Property information

Location:

45,000 Sq Ft/Stand Alone

Other information

Support & training:

4 weeks at no cost

Reasons for selling:

Retirement

Trading hours:

M-F, 7am-4pm

Furniture / Fixtures value:

$650,000

Inventory / Stock value:

$168,000

Contact the seller