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Florida Business For Sale |
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| FOOD SERVICE EQUIPMENT MANUFACTURER |
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| Attn: Mickie Bernard |
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| Not Disclosed, FL, USA |
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| Asking Price: |
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Not Available |
| Business for Sale Industry: |
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Manufacturing: Metal Products |
Year Established: |
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1985 |
| # of Employees: |
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12 |
| Yearly Revenues: |
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$1,730,000 |
| Yearly EBITDA: |
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$134,000 |
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Business for Sale Overview:
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A well-established, profitable and uniquely growth-primed company specializing in the custom manufacture of stainless steel food service equipment used in commercial and institutional kitchens. Sales for 2007 are forecast to reach $2MM, representing 15.6% growth over 2006 levels. NSF-approved and UL-certified fabricator, with products sold directly and indirectly to schools, restaurants and correctional facilities. Advanced machining capabilities and a staff of highly experienced metal fabricators enable the Company to manufacture just about any piece of stainless steel equipment found in a commercial kitchen, excluding exhaust hoods. Relies exclusively on repeat business from a long-standing customer base who seek out the Company’s high level of quality and strong customer service. Specialized software and state-of-the-art technology enhance process efficiency and production quality. Offers a one-year warranty on all products from the date of installation, though the Company has not been required to replace or perform warranty re-work on a single item in its history. Though sales have remained relatively steady in recent years, the Company has the excess manufacturing capacity to parlay increased marketing efforts in a relatively untapped marketplace into immediate revenue gains.
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Property Features and Assets:
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The Company operates from an 18,900 square foot facility, which is available for acquisition along with the business. |
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Market Competition and Expansion:
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The Company’s infrastructure is capable of handling significantly more business. The facility has the capacity to easily double the current volume without the need to invest in equipment and leasehold improvements by adding a second shift. There is also another 5,000 square feet in space (currently sublet) for expansion should the need arise. In such a way, the Company is prepared to turn increased marketing efforts in a relatively untapped marketplace into immediate revenue gains. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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