Phenomenal Sheet Metal Fabricator / Loyal Clientle
www.GlobalBX.com
Listing ID:
700271192
Listing Title:
Phenomenal Sheet Metal Fabricator / Loyal Clientle
Quick Link:
http://www.globalbx.com/listing.asp?bId=271192
Industry:
Manufacturing
Industry Segment:
Metals Manufacturing
Country:
United States
State / Province:
Florida
Area
City:
Cape Coral
Asking Price Range:
$250K - $500K
Gross Revenues:
$215,444
Cash Flow:
$168,506
Cash Flow Type:
EBITDA
Year Established:
1981
Number of Employees:
1 - 3
Business Description:
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.
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