Industrial Air conditioning business for sale

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MANUFACTURER OF CUSTOM DESIGNED AND ENGINEED A/C PRODUCTS

Business Description

PATENT FOR EQUIPMENT USED IN THE MANUFACTURE OF AIRCRAFT BY THE MAJOR MANUFACTURER IN THE UNITED STATES IS INCLUDED IN THE SALE PRICE. THIS PATENT HAS BROUGHT APPROX $4M IN SALES. ALSO MANUFACTURE RADOME EQUIPMENT FOR MILITARY APPLICATIONS, AS WELL AS CHILLERS FOR YACHT OWNERS, HEAVY DUTY INDUSTRIAL A/C EQUIPMENT FOR CRANES USED ABOARD NAVY SHIPS. WE ALSO MANUFACTURE LOAD BANKS. WE HAVE A PATENT PENDING FOR ATMOSPHERIC WATER GENERATORS. OUR CLIENTS ARE WORLD WIDE. SMALLER SELF-CONTAINED AND SPLIT A/C SYSTEMS FOR THE RECREATIONAL BOATERS REPRESENT ABOUT 35% OF OUR SALES. COMMERCIAL FISHING VESSELS USED IN THE GULF OF MEXICO USE OUR BLAST CHILLERS.
MANY OF OUR MODULAR CHILLERS AND INDUSTRIAL EQUIPMENT ARE PROGRAMMABLE LOGIC CONTROLLED. A KNOWLEDGE OF PROGRAMMING IS HELPFUL FOR ANY OWNER. THERE IS A HUGE DEMAND WORLD WIDE FOR QUALITY, CUSTOM ENGINEERED AIR CONDITIONING PRODUCTS FOR RESIDENTIAL, INDUSTRIAL AND MILITARY APPLICATION. WE ARE A RATHER SMALL COMPANY BUT IN THE 25 YEARS THAT WE HAVE BEEN IN BUSINESS WE HAVE GREATLY EXPANDED OUR PRODUCT LINE IN RESPONSE TO DEMAND FROM ALL OVER THE WORLD. WE HAVE DISTRIBUTORS IN THE MIDDLE EAST AND BRAZIL. THIS IS A GREAT OPPORTUNITY FOR SOMEONE WHO WILL BE PROUD TO OWN A COMPANY FOR PRODUCTS MANUFACTURED IN THE UNITED STATES. OWNERS WISH TO RETIRE BUT WILL STAY ON DURING THE TRANSITION, OR AS CONSULTANTS INDEFINITELY. CURRENT MANUFACTURING REAL ESTATE IS 14,000 S FT AND IS NOT INCLUDED IN THE SALE PRICE BUT IS AVAILABLE FOR LEASE OR SALE. MOST OF THE MANUFACTING EQUIPMENT, INCLUDING WATERJET AND BENDERS WAS PURCHASED IN 2012. ALL WELDING EQUIPMENT, INVENTORY, RAW COMPONENTS, COMPUTER HARDWARE AND SOFTWARE IS INCLUDED IN THE SALES PRICE

About the Business

Year Established:
1992
Number of Employees:
23
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
14,000
Lease Amount/Mo.:
$8,000.00
Lease Expiration:
5/31/2023
Facilities:
PATENTS AND PATENT PENDING, ALL MANUFACTING EQUIPMENT INCLUDING WATERJET, BENDERS, WELDING EQUIPMENT, RAW COMPONENTS, INVENTORY, COMPUTERS AND SOFTWARE, SOME OFFICE FURNITURE. LEASE AVAILABLE FOR CURRENT 14,000 SQ FT FACILITY. REAL ESTATE CAN ALSO BE PURCHASED. OF COURSE WEBSITE AND PHONE NUMBER ARE INCLUDED.
Website:
oceanbreezeac.com
Market Outlook/
Competition:
VERY LITTLE COMPETITION FOR CUSTOM ENGINEERED APPLICATIONS MANUFACTURED IN THE UNITED STATES THERE IS A WORLD WIDE DEMAND FOR U.S. PRODUCTS. THE SMALLER A/C PRODUCTS FOR RECREATIONAL BOATERS HAVE COMPETITION FROM CHINA, WE HAVE ESTABLISHED CUSTOMERS FOR THE SMALLER BOAT A/C UNITS WHICH WE HAVE HAD MANY YEARS WHO KNOW THE QUALITY AND SERVICE OF OUR COMPANY AND FAITHFULLY BUY YEAR AFTER YEAR.
Growth & Expansion:
UNLIMITED WORLD WIDE POTENTIAL FOR A/C PRODUCTS, REFRIGERATION, ATMOSPHERIC WATER GENERATORS. THERE ARE NO CONS.
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About the Sale

Reason For Selling:
OWNERS RETIRING
Training/Support:
MAJORITY OF EMPLOYEES HAVE 10 YEARS EXPERIENCE. OWNERS WILL STAY ON DURING TRANSITION OR ACT AS CONSULTANTS INDEFINITELY
Seller Financing:
CASH FLOW IS AVERAGE OF 5 YEARS

Listing Info

ID:
1380151
Ad Detail Views:
1179
Asking Price:
$1,500,000

Gross Revenue:
$2,500,000
Cash Flow:
$400,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$200,000
not included in asking price

FF&E:
$400,000
included in asking price

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Business Listed by
carolyn baruch

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U.S. Census Data for Martin County, FL
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Martin County, FL
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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