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- RE: Niche Specialty Mfg/Installer Of Glass & Aluminum
- Contact: Tom Milana
Quick Facts
Asking Price: | $3,250,000 | |
Annual Revenue: | $3,621,311 | |
Net Profit: | $698,046 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $155,100 | |
Real Estate: | Not Disclosed | |
Year Established: | 2002 | |
Employees: | 16 | |
BBN Listing #: | 949707 | |
Broker Reference #: | 0101310036 |
Business Overview:
We are seeking a structural engineer, glazer and or commercial construction GC or project manager for this niche specialty contracting business that designs, fabricates and installs glass skylights for both the renovation and construction of commercial and large residential buildings.
Established for over 20-years and with a healthy pipeline of about 50 projects in place, this business operates on about a 50% gross margin. Located within S. Florida, the business focuses on customers throughout the SE USA and Caribbean. The business is fully staffed with management in place, and well equipped with the latest in state-of-the-art manufacturing processes, including 3 product approvals which represent a significant investment and enduring continuity moving forward to the new owner. This business is currently being relocated to a new 15,000 square foot facility, so as to handle the future workload all under one roof.
The sellers are offering a long-term transition period and may agree to remain as advisors beyond such period. At the current sales price, it includes $250K in A/R, inventory, FF&E and 3 vehicles. The seller may entertain short-term financing; however, this operation should qualify for SBA financing as well as Visa immigration needs for cash buyers. Prospects MUST have “like-kind” industry experience to be considered by the seller and lenders alike.
Please refer to listing #0101310036 & ask for Tom Milana when inquiring.
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Property Features and Assets:
Lease/Month: 18625
Square Footage: 15000
Building Type: Industrial/Ofc.
Terms & Options: 5-year option
Expiration Date: 5/31/2030
Market Competition and Expansion:
Unknown/Unlimited.
Reason for Selling:
Retirment from industryAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Florida businesses for sale
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