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Phenomenal Sheet Metal Fabricator / Loyal Clientle
Location: United States -> Florida -> Cape Coral
Industry: Manufacturing > Metals Manufacturing




Business Summary

Since 1981, this business has remained the only sheet metal fabricator in the Cape Coral area. The business furnishes all materials and custom fabricates the material for each client. The business supplies contractors for its clients needs in housing, roofing, electrical work, and welding. From 35 years in business, it has earned an excellent reputation locally and in surrounding areas.

A Great Location, Excellent Reputation, and an Absence of Local Competitors make this business a fantastic opportunity for any interested acquirer!

Detailed Information
Employees:3Facilities:The modern facility that houses this business is a 3700 sqft. cement warehouse building with a 120 sqft. office space, and the remaining manufacturing space with outside storage. The facilities are on a month-to-month leasing agreement.Competition:This business is the ONLY sheet metal fabricator in Cape Coral. The business has a prime location in an industrial park between two main roads in Cape Coral. The business has a monopoly in the area and doesn't do any advertising or have a website.

The business has a large roster of longstanding and loyal clientele, and the business has a name that is well known and respected in both the market area and business arena.Growth & Expansion:Sales revenues and profits have consistently increased over the last 3 years, and the business is able to consistently cover operating expenses with sales revenue. The service delivery process is one that a new owner can easily adopt and carry on.

The business owners have maintained a customer database on which a new owner can rely. The business owner suggests purchasing the real property from the landlord, as the facility can actually be doubled to house more equipment and take on more projects (the other half of the warehouse is on a month-to-month lease as well). Investing in advertising and establishing a website would also increase top and bottom line profits.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $215,444
Cash Flow:   $168,506
Cash Flow Type:  EBITDA
Inventory:  N/A
Seller Financing:  Not Disclosed

About The Business

Year Established:  1981
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Currently, the business has 2 active full-time employees, 1 active part-time employee, and 2 business owners. The business has staff and management in place to help a new owner successfully manage the transition, and to provide continuity after the owners' departure that clients know and trust. Key staff members have signed employee contracts with
Reason For Selling:  Retirement/health challenges

Photos

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Phenomenal Sheet Metal Fabricator / Loyal Clientle Photo 1




Print Listing Id: 700271192
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Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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