Leading Manufacturer/supplier
Location: Southeast
Industry: Manufacturing > Metals Components Manufacturing
Financials
Asking Price: $4,449,000
Gross Revenue: $6,800,000
Inventory: $600,000 (Included in Asking Price)
FF&E: $600,000 (Included in Asking Price)
Real Estate: $2,000,000 (Included in Asking Price)
Business Summary
In 1965 the company founder returned home from Puerto Rico just when a major hurricane had ravaged South Florida. He saw devastation and realized something needed to be done to reduce the death and destruction resulting from these storms.
After experimentation and research he developed a product which would reduce the devastation caused by storms and worked with the insurance companies, legislatures and others to demonstrate the benefits which could be realized from the use of this product. Soon both the insurances companies and various state legislative bodies began requiring the use of this product, thus the industry was born.
The company is located in a very desirable location in the Southeast which provides quality of life for the owners and employees and easy access to excellent transportation for delivery of the company products. The company has been owned by the family of the founder since its inception and the current family members wish to sell the company to allow them to follow separate endeavors.
Assets include the manufacturing plant and five (5) acres, FF&E, customer contacts, complete customer history, approximately $700,000 in A/R and inventory of $600,000 Prospective buyers will be requested to sign a non-disclosure, and provide appropriate information to demonstrate financial capability prior to disclosure on information. Contact either Robert or Bradford Hansen at 865.558.0352 for further information.

About the Business
Year Established: 970
Employees: 25 full time -

List Your Business for Sale | This listing has been viewed 303 times

advertisement
Listing Tools
BizQuest ID:861574
Seller ID:1247
Business Listed By
Name:Bradford E. Hansen
Company:SBAS
Recommended Resources
Sponsored Links
The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.