MergerPlace

Hurricane Shutter Manufacturer

Florida (Broward)


  • Asking Price: $475,000
  • Gross Income: $549,380
  • Cash Flow: $127,530
  • Real Estate: Not Disclosed
  • Inventory: $120,000
  • FF&E: $73,500
  • Listing ID: #210864
  • Established: 1996
  • Employees: 7 FT

Business Description

This successful company has been in business since February of 1996 and has been recognized by BBB as an A+ Rated company. They are a Ygreen certified company and have been nominated as a Who's Who honorable nominee.They manufacture hurricane shutters, mechanical railings, screen enclosures and carports. Their products and services are very high in demand in South Florida where hurricanes are an annual menace and protection of vehicles from elements is a must. This business may qualify for a VISA.


Business Details

Primary Business Category: Construction - Building, Developing
Location: Florida
County: Broward

Company Information

Year Established: 1996
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 7 FT

Financial Information

Asking Price: $475,000
Gross Revenue: $549,380
Cash Flow: $127,530
FF&E: $73,500
Inventory: $120,000
Seller Financing Available: Yes

Property Information

Facilities:

Their shop is 1800 square feet with air conditioned office space. While the business has operated out of the same location for a long time, it is easily relocatable as the geography where the company does business ranges through Miami-Dade, Broward and Palm Beach Counties. Occasionally they venture into the Monroe County but not a significant source of work from there.

Growth & expansion opportunities:

Under the correct vision and management this company has the potential to become a leader in the industry possibly doubling or tripling the revenue. This industry shows no signs of slowing down in South Florida.

Competition:

As with any business, there is always competition. This has never affected this firm. They offer competitive prices for quality products. They're not the cheapest but they do strive to be the best. The industry is growing as more and more home owners are understanding the importance of protecting their homes from storms or are doing so due to stringent insurance requirements.

Reason for selling:

Health issue.

Support & Training:

Will train for 4 weeks @ $0 cost. This profitable company sells, manufactures and installs of Accordion hurricane shutters, Roll Up shutters, Storm panels, Railings, Carports and Screen enclosures. They also sell and install all types of windows and doors. These include, Impact resistant, Non-Impact, Storefront, Residential, Commercial and industrial applications. They are also a High Rise specialty company. A County or State License for contracting is required. Manufacturing, installations, permitting and plans preparations knowledge required.

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Business Listed By:

Anton Joro

Murphy Business Brokers