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: 7/6/2021

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.

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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

Contact

Photograph of Listing Agent

A. John Richwine CCIM

MarketPoint Advisors CE-FL Member
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