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Asking Price:	Not Available
Business for Sale Industry:	Manufacturing: Metal Products
Reason for Selling:	Other interests
Year Established:	1974
# of Employees:	13
Yearly Revenues:	$1,727,000
Yearly Cash Flow:	$144,000

Business for Sale Overview:

Our client is a manufacturer and distributor of commercial and residential furnace pipe, duct, plenums, custom metal fabrication, HVAC accessories, and provides a full line of light commercial duct work services. The staff, including management, comprises of 10 full time non-union and three full-time union employees, in addition to the principals. Success in the industry is largely driven by the level of customer support, product availability, and pricing area in which our client clearly excels. These and other factors contribute to a 95% rate of repeat business and positions the company well for continued growth and success. While the product mix has been roughly divided between HVAC accessories, residential duct work and custom metal fabrication, it will shift from year to year due to the cyclical nature of the commercial and residential construction markets. The current product break-down as a percentage of revenue is as follows: Standard line of residential furnace pipe, duct, fittings and plenums (65%), custom metal fabrication (26%), and distribution of HVAC accessories (9%). Our client currently markets itself predominantly via relationship based marketing activities. The marketing approach, coupled with the companies excellent reputation accounts for the fact that a material portion of the revenue is derived from repeat business and word of mouth referrals.

Property Features and Assets:

31,200 sq ft factory space; 1,728 sq ft office space; 8,000 sq ft cold storage space.

Market Competition and Expansion:

Excellent location; strong customer relationships; 95% repeat business; Excellent growth potential.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for 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.