Catylist ID:
#30671699
Aluminum Architectural and Ornamentals Fabrications.
Business Opportunity
for Sale
| Catylist Listing ID: | 30671699 |
| Property Subtypes: | Manufacturing |
| Building Size (RSF): | 5,000 SF |
| Sale Price: | $1,350,000 |
| Name of Establishment: | Aluminum Fabricators |
| Franchise Parent Name: | n/a |
| Year Business Established: | 2005 |
| Gross Revenue: | $1,653,000 (Annual) |
| Cash Flow: | $425,000 (Annual) |
| Cash Flow Type: | EBITDA |
| Sale Terms: | Seller may assist in SBA financing with a second note. |
| Last Updated: | 4/16/2021 |
Overview / Comments
|
NAICS Code: (#332323) The company is primarily a manufacturer of architectural and ornamental staircases (straight or circular), fences, screen doors and windows guards, balcony railings, metal awnings, hand rails, Fire escapes, architectural decorative pediments, produced and generally limited to aluminum round and square tubing, solids rod stock and plate stock. Industry Summary: The Industry sales are limited to ferrous metal and aluminum fabrications of their products are sold to these key industries, home builders, Industrial buildings, commercial buildings, municipal buildings and health facilities. The key supplier side industries are iron and steel manufacturing, aluminum manufacturing, fasteners manufacturing, welding supplies, painting, powder coating and aluminum apodizers. This industry has rebounded from 2009 faster than any industries and mostly because of the housing Market. |
Additional Details
| Nearest MSA: | Deltona-Daytona Beach-Ormond Beach |
| Industry Segment: | Other Manufacturing |
| Reason for Selling: | The partnership (Sellers) are beginning to prepare for retirement. Both partners will assist for one year as employees for post closing transition period |
| Value of Inventory Included ($): | $20,000 |
| Value of Furniture, Fixtures, and Equipment ($): | $75,000 |
| Real Estate Status: | Leased |
| Value of Real Estate Included ($): | $0 |
| Real Estate Lease Description: | Size of Facilities: 5,000 s/f Lease Terms: The occupancy is a month to month. The seller has occupied the same location since 2006. The conditions are landlord pays Taxes, tenant is responsible for maintenance, Insurance and $24,000 per year |
| Employee/Labor Description: | Administration 11.25 hr. 6/05 Installer/welder $16.00hr 4/09 Welder $15.50hr 1/15 Estimator $750.00 week 4/19 Administration $13.00hr 11/19 Welder $15.00hr 9/19 Welder $19.00hr 6/07 Installer/Welder $14.00hr 12/17 |
| Mgmt/Training Support Description: | The partnership (Sellers) are beginning to prepare for retirement. Therefore, the sellers are able to continue post sale as employees for one to two years to help in a transition. |
| Competition/Market Description: | The industry has no one dominant production company. It tends to be local production and smaller companies. |
| Growth/Expansion Opportunities: | .the company has no sales force on the road, just rely upon the bidding and returning customers. |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 9,722 | 63,478 | 142,669 |
| Median Age: | 39.97 | 37.37 | 38.19 |
| Households: | 3,944 | 24,585 | 53,863 |
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