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Highly Profitable Manufacturing Business
Location: United States -> Tennessee -> Memphis
Industry: Manufacturing > Metals Manufacturing




Business Summary

This highly profitable, pandemic and recession resistant, turn-key business is priced to sell. Gross sales in 2017 were $2.8M and in 2018 were $3.2M. Included in this sale price: A/R of approximately $500K and inventory of approximately $550K. This business serves both residential and business customers and has multiple revenue streams. This non-franchise manufacturing company has a customer base of over 300 clients. We specialize in manufacturing custom residential steel products. Our products are proudly made in the USA and shipped factory direct to you. The owner is retiring but is willing to provide extensive training to the new owner.
Distinguishing Factors Include:
*Traditional business hours, Mon - Fri, 7am – 4pm.
*High percentage of repeat customers.
*High gross profit margins.
*Professional, skilled employees.
*Technology driven.
Contact Gary for detailed information at 205-482-1834.
Asking Price: $3,900,000


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $3,400,000
Cash Flow:   $687,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  Includes FF&E Inventory and Accounts Receivable.
Seller Financing:  Not Disclosed

About The Business

Year Established:  1986
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Extensive training and support will be provided.
Reason For Selling:  Owner is retiring.




Print Listing Id: 700356340
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