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- RE: Rapidly Growing Building Material Manufacturer
- Contact: Kimberly Ramsey
Quick Facts
Asking Price: | $899,900 | |
Annual Revenue: | $844,052 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $262,618 | |
Total Debt: | Not Disclosed | |
FF&E: | $525,064 | |
Real Estate: | Not Disclosed | |
Year Established: | 2015 | |
Employees: | 8 | |
BBN Listing #: | 413558201 | |
Broker Reference #: | 13485-728390 |
Business Overview:
This business manufacturers one of the fastest growing exterior cladding materials in the construction industry. There is high demand for this product for residential and commercial customers, and for both new construction and remodeling applications. This manufacturing company has positioned itself for continued growth by investing in a new facility in 2020, over $524,000 in new FF&E, and building a skilled team of 8. Located in North Carolina, voted #1 state for businesses in a 2022 CNBC poll. This is an ideal add-on business for a company already in the construction business, or an individual looking to take a growing business to the next level through additional marketing and distribution. With the process, product, and skilled people in place, the seller is focused on aggressively marketing to build the brand and drive sales. In 2023, he has partnered with the largest stone and brick distributor in the Carolinas, and has so far erected 14 displays in their physical locations. Outside and internal sale teams will be upselling their custom coloring and quick shipping. Additionally, the company has been named the sole stone veneer supplier for one of the biggest contractors in the county area.
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Property Features and Assets:
Real Estate Asking Price: $665,000.00
Facilities: Cash flow represented includes lease expense. Real Estate is available for purchase.
-8,550 sq. ft. metal manufacturing building
-1.83 acres of land
-Shipping container/lean to for storage
Monthly Rent: $5,000.00
Square Units (Foot, Meter): 8,850
FF&E General Condition: excellent
Terms Options: NNN
Market Competition and Expansion:
Potential Growth:
Opportunities for growth include:
• Increasing advertising and marketing efforts to reach more potential clients
• Hire a sales person
• Take advantage of very strong demand for one of the new product lines
• Continued selling through distribution
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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