Catylist ID: #30731469
Plastics & Metal Composite Distribution
Undisclosed Address, Florida
Business Opportunity for Sale
|Catylist Listing ID:||30731469|
|Property Subtypes:||Wholesale and Distribution|
|Building Size (RSF):||See Agent|
|In Opportunity Zone?||Yes|
|Year Business Established:||1986|
|Gross Revenue:||$1,781,262 (Annual)|
|Cash Flow:||$142,270 (Annual)|
|Cash Flow Type:||Sellers Discretionary Earnings|
Overview / Comments
The Business is a Florida Corporation specializing in the distribution of plastics and metal composite materials to the sign industry, skylight manufacturers, wind protection fabricators, and general plastic fabricators and resellers Nationally and Internationally. Centrally Located in the Tampa Bay area of Florida with convenient access to multiple ports, highways and major airports providing easy access for accessibility and delivery.
Over 32 years in business, the company maintains a solid reputation in its industry with high customer service review. Tampa Bay is ranked 5th in the U.S. for net inflow of residents allowing for continued excellent local growth opportunities.
The Business has excellent administrative systems with solid books and consistent reporting. Its tax years run October - September, and report strong growth from 2018 to 2019 of approximately 19.46%. Strong growth has continued into the first 6 months of tax year 2020 - currently at 11.5%. Seller’s Discretionary Earnings is running between 8.5% and 9%.
Assets include furniture, fixtures and equipment, inventory, working capital, company name, goodwill, customer and employee relationships that make up the company. The real estate is owned by the business owner and is available for purchase or lease. The business may also be relocated if the new owner so desired. This opportunity makes the business a very strong candidate for a similar company to acquire and to combine locations.
The real estate consists of 1.19± acres of land, zoned C2, on which stands a 16,625± SF building. The building’s floor plan consists of 4,480± SF of office space and 12,145± SF of warehouse space. The building was built in 1977. The current leasing market conditions for similar properties are approximately $7.00 PSF NNN.
Established plastics and metal composite distributor
National and international sign industry customer base
Solid reputation with high customer reviews
FF&E, Inventory, name and good reputation included
Excellent administrative systems with solid books
Business growth trending very strong
Opportunity to lease or purchase existing facility -
16,625± SF building on 1.19± acres site, zoned C2
Attachments & Media
|Industry Segment:||Wholesale and Distributors|
|Value of Inventory Included ($):||$0|
|Value of Furniture, Fixtures, and Equipment ($):||$0|
|Value of Real Estate Included ($):||$0|
|Mgmt/Training Support Description:||Negotiable|
|Proximity:||3 miles||5 miles|
Robb SercuBerkshire Hathaway HomeServices Florida Properties Group CE-FL Member
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