22 Year Old Hurricane Shutter Manufacturer & More

Not Disclosed, FL
Broward County

Broward County

Asking Price: Annual Revenue:
$475,000 $771,700

Services: Construction, Contractors

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RE: 22 Year Old Hurricane Shutter Manufacturer & More Broker: Anton Joro
Owner Financing is Available!
$450,000 Down / $25,000 for 36 months @ 6%

Quick Facts

Asking Price: $475,000
Annual Revenue: $771,700
Net Profit: Not Disclosed
Cash Flow: $140,073
Total Debt: Not Disclosed
FF&E: $73,500
Real Estate: Not Disclosed
Year Established: 1996
Employees: 7
BBN Listing #: 44474955
Broker Reference #: 1043-14557

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Business Overview:

This successful company has been in business since February of 1996 and has been recognized by BBB as an A+ Rated company. They are a Ygreen certified company and have been nominated as a Who's Who honorable nominee. They manufacture hurricane shutters, mechanical railings, screen enclosures and carports. Their products and services are very high in demand in South Florida where hurricanes are an annual menace and protection of vehicles from elements is a must. This business may qualify for a VISA.

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Property Features and Assets:

Their shop is 1,800 square feet with air conditioned office space. While the business has operated out of the same location for a long time, it is easily relocatable as the geography where the company does business ranges through Miami-Dade, Broward and Palm Beach Counties. Occasionally they venture into the Monroe County but not a significant source of work from there. All their equipment is paid in full. Including a 2008 Dodge Sprinter, a 3 phase hydraulic saw, 3 upright drill presses, 4 hydraulic punches, 1- 150 gallon Air compressor, 3- 18" Mitre saws, 2- 10" mitre saws. 8 Air Drllis, 4- 12' rack systems and a 5000 lb capacity Clark forklift. They also have 2- 8' sections of swingstage that can be united to for a 16' platform Along with may, many more tools. Too many to mention here. They stock accordion, manual and electric roll up shutters and storm panel parts and components. Hardware of various types. They also stock screening materials, insulated roof panels, patio extrusions, etc. A complete list of equipment and assets will be submitted upon request. Total Assets: $193,500

Market Competition and Expansion:

As with any business, there is always competition. This has never affected this firm. They offer competitive prices for quality products. They're not the cheapest but they do strive to be the best. The industry is growing as more and more home owners are understanding the importance of protecting their homes from storms or are doing so due to stringent insurance requirements. Under the correct vision and management this company has the potential to become a leader in the industry possibly doubling or tripling the revenue. This industry shows no signs of slowing down in South Florida.

Reason for Selling:

Health issue.

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.

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