Rapidly Growing Building Material Manufacturer

Not Disclosed, NC


Asking Price: Annual Revenue:
$1,150,000 $758,812

Manufacturing: Wood, Stone, Concrete


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RE: Rapidly Growing Building Material Manufacturer Broker: Kimberly Ramsey
Owner Financing is Available!
$115,000.00

Quick Facts

Asking Price: $1,150,000
Annual Revenue: $758,812
Net Profit: Not Disclosed
Cash Flow: $214,137
Total Debt: Not Disclosed
FF&E: $525,064
Real Estate: Not Disclosed
Year Established: 2015
Employees: 8
BBN Listing #: 413558201
Broker Reference #: 13485-728390

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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 $560,000 in new manufacturing equipment 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.

-68% sales growth over 3 years
-Limited regional competition
-National sales reach serving 17 states
-40% online sales
-Serves new construction & remodeling markets
-Advanced manufacturing process
-Differentiated from competition by offering customized color (customers love this!)

The seller has worked in the construction industry for over 30 years and noticed increased demand for this building material but few suppliers. He took it upon himself to get educated by working with raw material and manufacturing equipment suppliers, and has built the business from the ground up. He invested in a new manufacturing facility, and equipment in 2020, and now has the capacity and manpower to triple current sales. The business will benefit greatly through increased advertising and sales through distribution, as all sales are currently direct. Seller will stay on board for training the new owner to ensure a successful transition.

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
• Start selling through distribution

Cash flow represented includes lease expense. Real Estate is available for purchase.

-8,550 square feet metal manufacturing building
-1.83 acres of land
-Shipping container/lean to for storage

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

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.

Relevant Links:

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