NOT DISCLOSED, Florida
| Asking Price |
$925,000 |
Year Established |
1973 |
|
| Annual Revenue |
$1,230,490 |
Reason for Selling |
Retirement planning. |
|
| Annual P/L |
$0 |
Attention |
Harry Nikpour |
|
| Annual Cash Flow |
$185,749 |
Listing Number |
1000604 |
|
| # of Employees |
10 |
Business Category |
Manufacturing: Metal Products |
|
Business Overview:
Founded in 1973, this long-established specialty fastener manufacturing company is located in South Florida and services clients across North America, with occasional sales to Canada and Europe. The company has built a strong reputation for reliability, precision, and rapid turnaround, specializing in producing custom and low-volume fasteners for the industrial and energy sectors.
The customer base includes several nationally recognized and publicly traded distributors such as Fastenal, McMaster-Carr, Grainger, and MSC Industrial. The company’s competitive edge lies in its ability to efficiently fulfill small-batch and specialty orders with exceptional speed to market.
Structured as a C-Corporation, the business employs 13 long-tenured team members, including the owner-operator. The company contributes approximately 60% of employee healthcare costs, reflecting its commitment to workforce stability and satisfaction.
The owner is planning for retirement in the coming years and is eager to remain with the company post-acquisition to assist in the transition with operations and help drive future growth under new ownership.
Property Features and Assets:
<p>The facility is 5400 Sq. Ft. Located in South Florida and currently leased at the same location for 40+ years. The building consists of a industrial manufacturing floor in addition to warehousing and roughly 600 Sq. Ft. of office space.<br></p><p>Assets = $414,769</p>
Market Competition and Expansion:
<p>There is one smaller competitor that appears to be struggling. <br></p><p>Increase production into medium to high volume in addition to other sectors including aerospace and transportation industries.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity