Business for Sale Overview:
This company was founded by the current owner's father decades ago. They manufacture one of the best quality roof vents for residential construction available. They do so at competitve prices as they are very efficient in their factory with skilled employees. Most of the sales are within a 100 mile radius of the plant, but several years ago sales reached a 250 mile radius. The Seller has not made a sales call in a number of years and has let the poor economy and sour construction market erode his base of sales. Just four years ago, sales were about $3 Million with over $1 Million in cash flow. Current sales volume is about $1M. The owner is ready to retire. He also owns the real estate which he prefers to sell with the business, but will also lease it. This is a debt free business and seller financing will be considered on a buyer for buyer basis provided the buyer is investing substantial equity of their own in the deal.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Real estate is owned by the Seller and my either be leased or purchased, but there is a preference for a sale of both.
Reason for Selling:
Retirement.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.