Active
Small Manufacturing Company with Great Warehouse

Listing No: BBF-966-01998 | |
Category | : | Manufacturing | SIC | : | 3449 | |
Detail | : | Mfg-Aluminum Products | Price | : | 800,000 | |
County | : | Sarasota | Down | : | 80,000 | |
State/Prov | : | Florida | Adj Net | : | 16,973 | |
Country | : | USA | Sales | : | 716,596 |
Description This fine business is a small aluminum manufacturing company. A residential or general contractor's license is required to own and operate this business. They build aluminum products for residential end-customers, however they currently only serve wholesale clients. These customers are the bread and butter, and taking on direct retail customers would mean accepting fewer jobs from wholesale. This company is a workhorse. It has been in business for over 40 years, and it's survived the past several with only two customers. They are large wholesale companies which send in 100-150 work orders a year. They could each send more orders, but the manufacturing company is limited by its manpower. They only have the staff to handle the couple hundred they get each year. Currently there are about $600K in outstanding orders which will carry the business into 2022. |
Business Name | : | CONFIDENTIAL Phone: Confidential |
Address | : | CONFIDENTIAL, CONFIDENTIAL, FLORIDA 34234 |
Seller | : | Confidential |
Listing Type | : | EXCLUSIVE RIGHT OF SALE | Date Revised | : | 9/16/2021 |
Listing Office is | : | TRANSACTION BROKER | Code | : | AA-400 900669 |
Documents on File | : | Equipment List: Y Lease: N Corp Resolution: Y |
: | Cash Flow: N Balance Sheet: N |
: | Standard Agreement: Y Signature on File: Y | |
Showing Remarks | : | CALL LISTING BROKER WITH ANY QUESTIONS. |
Reason for Sale | : | Retirement |
General Location | : | Sarasota County |
Organization Type | : | Corp 'Sub S' Hours Owner Works: 35 |
: | Years Established: 81 Years Owned: 40 Emp FT: 6 Emp PT: 3 Mgrs: 2 | |
Non Compete | : | Miles: 100 Years: 5 Weeks Training: 2 Cost: $0 |
Operating dys/hrs | : | M-F 9-4 |
Skills/Licenses | : | Residential or General Contactor's License |
Business | : | Is Relocatable: N Is Home Based: N Is a Franchise: N Is Lender P/Q: N Should Qualify For Visa: N |
Data Source | Tax Return | Tax Return | Tax Return | |
Year (Cash Flow) | 2020 (N) | 2019 (N) | 2018 (N) | |
Gross Revenue | 716,596 | 867,642 | 1,072,118 | |
Cost of Goods | 551,241 | 633,215 | 797,295 | |
Gross Profit | 165,355 | 234,427 | 274,823 | |
Expenses | 192,095 | 211,534 | 260,213 | |
Net | -26,740 | 22,893 | 14,610 | |
Owner Salary | 39,950 | 42,500 | 46,553 | |
Benefits | 0 | 0 | 0 | |
Interest Expense | 665 | 1,654 | 2,144 | |
Depreciation | 0 | 0 | 0 | |
Other | 3,098 | 3,293 | 3,603 | |
Owner Benefit | 16,973 | 70,340 | 66,910 |
Accounts Rec | 0 | N* | Real Estate | 700,000 | Y* |
Inventory | 21,829 | Y* | ___________ | 0 | N* |
F F & E | 84,962 | Y* | Total Assets | 806,791 | Y* |
Leasehold | 0 | N* | |||
*Included? |
Lease/Month: | Square Footage: 5000 | Building Type: Warehouse |
Terms & Options: | Expiration Date: |
Loan/Assumable | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
Loan/Seller | - Amt: | 80,000 Mos: | 24 Rate: | 6.00 Mo Pmt: | 3,545.65 | |
Loan/Other | - Amt: | 640,000 Mos: | 120 Rate: | 6.00 Mo Pmt: | 7,105.31 |
JOHN KADOW | Office | : | (239) 849-9334 | |
ASSOCIATE | Fax | : | ||
Home | : | (724) 799-4583 | ||
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Cell | : | (724) 799-4583 |
999 VANDERBILT BEACH RD. STE 200 | ||||
NAPLES, FLORIDA 34108 | : | [email protected] | ||
USA | Home Page | : | sunbeltofflorida.com |
Listed By: Jason Brooks
Background information
Reference:
51677
Finance
Sales:
$716,596
Profits:
$54,363
Profit type:
Discretionary Earnings
Price and terms
Price:
$800,000
Down payment:
$80,000