Executive Summary: This established manufacturing and installation business has an established track record with both commercial and residential clients. With a solid foundation, this business has numerous opportunities to expand for the next owner. There are well-trained employees and loyal customers. Customers are mostly commercial, which gives the business a solid, reoccurring customer base. There are some retail residential clients. The split is about 85% commercial clients and 15% retail. In addition to the $143,154 in seller’s discretionary earnings, there is approximately $60,000 in equipment value and $3,000 in inventory that will transfer with the business, as well.
Competition / Market Outlook: While there are some businesses outside of the area that do this type of work, this business has an attractive reputation and a track record of customer loyalty. Because of the location, this business has a solid customer base, which could be built on and expanded outside of the area. This business is growing.
Growth and Expansion: The current owner has not done much in the way of marketing over the last few years, instead relying mainly on word-of-mouth and repeat customers. For a new owner, some simple marketing might lead to potential expansion opportunities. The seller will train the new owner and give them insights into how to expand the business. They are also willing to stay on as a salesperson. Because of its location, an obvious addition would be to pursue more residential customers, as there is a nice showroom located on the property.
Reason For Sale: Retirement.
Training: The owner will provide ample training, as needed.
Facilities: Ample-sized buildings, offices, living area, storage, and grounds (3.2 acres) to run the business. The property has three different buildings, two of which were recently built. A person could choose to lease or buy the property. The owner is asking $1,100,000 to buy the property, which is where it was recently appraised. The property has a nice living area with 3 bedrooms if a new owner would like to live and work on the same grounds. No commute! The property and buildings are very well-kept, a must-see.
Financing: The owner will consider some financing for a well-qualified buyer.
Hours of Operation: Monday –Friday 7:30 am -4:30 pm
Employees: 11 employees
Year Established: 2006
Sales Price: $350,000
Inventory: $3,000 *included
Equipment: $60,000 *included
Real Estate: $1,100,000 ** not included
Asking Price $350,000
You May Also Like
Log Mill, Sawmill & Pallet Manufacturer #359851 posted Jul 2, 2014
- Texas, United States
- Available On Request
American made, niche manufacturing business. Pallet and fence manufacturer established more than 20 years ago. Capex upgrades and expansion of manufacturing operations include a log mill and saw mill, making this one a winner! Strong client base for both new and used pallets. Lots of upside; excellent...
Manufacturer of Building Supplies Company for Sale #398033 posted Jan 12, 2016
- Houston, Texas, United States
Building supply manufacturing company is for sale. Based in Houston since 2006 and manufacturing custom products used by home builders and architects through-out North America, a dealer network has been established to insure an optimistic future. The production facility can be relocated anywhere. Training...
Wood Products Manufacturer, with Real Estate #450317 posted Jul 25, 2016
- Houston, Texas, United States
Established in 1983, this company has a rich history of manufacturing quality mill work products that include wood columns, shutters, vent louvers, & Decorative Brackets & Corbels for residential & commercial buildings. Approximately 40% of the products are custom made, with 60% being stock items....
Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.