High-margin Service for Manufacturers of Air Quality Products
This company uses specialized processes and equipment to offer toll grinding services to manufacturers of consumable products in the energy sector. Demand for these products is projected to grow at a steady rate. The company has long term relationships with its customers and a small but experienced staff.
The company has invested heavily in the facility and quality equipment. The equipment is consistently maintained, well suited for the work the company produces, and will last for many years with proper care. The Seller has chosen to focus on high-profit, specialized materials most others cannot consistently provide. This has created an efficient operation and allows the business to enjoy higher margins with less wear and tear on the equipment.
The business continues to grow and is on track to do over $600,000 SDE for 2019. Don’t miss an opportunity that offers plenty of upside in one of the most desirable areas of the country. The business has been pre-screened for a ten-year SBA lending package. Loan package includes $125,000 in working capital for a buyer with $185,000 down payment. Partial Seller financing available to a well-qualified buyer.
Confidential Listing. Detailed marketing package including video overview available upon signing of Non-disclosure Agreement and demonstration of financial capability. Real Estate available through MidStreet Realty, Inc.
$650,000 in real estate not included in asking price. An additional 2.5 acres is also available (optional; for future expansion). Seller would prefer to sell the real estate with the business.
Included in asking price
The business has done no marketing or advertising. The Seller has been comfortable with the status quo and has turned away growth opportunities. The existing facility and equipment allow for additional capacity. For an aggressive owner-operator, plenty of growth opportunities exist.
The approximately 8,100 square foot office/warehouse was constructed specifically for this business and is owned by the Seller.in close proximity to the airport and major expressways. The building sits on over 3 acres and has approximately 7,200 square feet dedicated to warehouse area and 900 square feet of office. Office space includes offices, break room, training & conference room. There is also a 1,620 sq ft covered loading/storage dock area.
High barrier to entry. Also, proximity to its manufacturing clients is vital to ensure cost effective operations. The majority of competitors are located in the Midwest, with very few existing in the southeastern US.
Onsite transition support and call/email support will be made available and are included in the purchase price.
The owner would like to retire after many years in business.