Owner Financing is Available!
Business Overview:
MANUFACTURER & MARKETER OF ARCHITECTURAL PRODUCTS FOR COMMERCIAL & RESIDENTIAL USE IN OHIO & OTHER STATES. This is a company that has been around since the 1800's. The company's business is not tightly coupled with the new construction business cycle although a healthy growth in this business would help. The company's industry has enjoyed a growth that has been leveraged by improvements in the key structural materials used for the fabrication of its products as well as energy and environmental protection benefits enjoyed but the users of its product. This Architectural Products and Services Industry (the industry segment is not disclosed due to confidentiality reasons) is led by a very active Industry Association that has its beginnings at the beginning of the past century. The Seller acquired this business in the mid-90's and in the last few years he founded another company that he wants to grow. As a result, he has decided to sell this one so that he can focus on the growth of the other business he has. In 2009 through 2011 which have been difficult years for Ohio and the US the company remained profitable at levels that were comparable or better to the levels when the company's sales were above the $2 million level. In 2012 the company is continuing to grow. It is worth noting that the company has been pre-approved for financing by a significant Ohio bank as part of a deal which fell through the last minute because the Buyer got "cold feet". The Bank is interested in financing the deal for a Buyer with proper credit standing. ======================================= Enterprise Development Resources, Inc. is neither a Broker-Dealer nor a registered Investment Adviser. Where applicable, securities transactions are conducted by Reliance Worldwide Investments, LLC, member FINRA, MSRB, and SIPC.====================== Any applicable real estate transactions are conducted by Pro-Classic Real Estate, Inc.
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.
Market Competition and Expansion:
The industry has enjoyed a growth that has been leveraged by improvements in the key structural materials used for the fabrication of its products as well as energy and environmental protection benefits enjoyed but the users of its products.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: