Owner Financing is Available!
Business Overview:
Manufacturer of cabinets and casework (millworks) for the commercial sector; governmental 'county' offices, police and fire stations, schools and universities} as well as private sector commercial 'health' clinics, churches and hospitals} for over 20 years. It has a great reputation, and is very sound from an operations standpoint; they are Bonded, utilize state- of-the-art technology which allows for improved efficiency and expanded capacity and as the main markets covered by them are not affected by the residential economic slowdown.
Boasting state-of-the-art equipment recently valued over $500,000 (used value), an almost 20,000 sq. ft. highly usable, custom metal and concrete structure with 30- 40% expansion ability on over 1.5 acres, 20+ tractor trailers, excess inventory valued over $200,000+ ALL Owned & Paid For. Inventory $200,000 on Hand Includes- Equipment $550,000+/ Included. The owners pay cash for everything and own mostly everything free and clear. PNC Bank Pre-Qualified and ready to fund for a qualified buyer within 60-90 days with as little as 10-15% down, and PNC can further give working capital back at closing of almost $100,000; So for say $150,000-$160,000 down and cash back at closing For over 20 years this company has provided a strong income. During good economic times the company does well and during soft the economies the company does not drop far.
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:
Included in the Asking Price: Furniture, Fixtures & Equipment: $550,000 and Inventory: $200,000.
8,857 total sq. ft. - Property Tax $17,931.42 (2008). Freestanding 18,857 sq. ft. Block/ Metal Building Built in 1991 & 1995. 1.6 Acres w/ Ability to Expand by Over 30%. On-Site Parking for Owned (22) 48 Semi Trailers & More Real Estate Spans Street-to-Street From Hale to Grady w/ 300 Fronting. Entire Facility is Wired & Automated & State-of-the-art Equipment, Systems & Software in Place Torrit 75 hp Cyclone Dust Collection System Rated 30% Extra Capacity & Extra Equip/ Duct work Already on Site.
Market Competition and Expansion:
Competition: This company has a great reputation, and is very sound from an operations standpoint; they are Bonded, utilize state-of- the-art technology which allows for improved efficiency and expanded capacity and as the main markets covered by them are not affected by the residential economic slowdown.
Growth and Expansion: There are 2 full time estimators that give bids every day throughout Florida. There is room for a lot more growth by establishing relationships with architects and contractors.
Reason for Selling:
Please inquire.
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.
Resources: