Listing ID: 6624

Business Overview

This 18-year old, well established, growing manufacturing business has been impressively profitable.

The last three calendar years have produced the following bottom line discretionary earnings:
2018 = $289,690
2017 = $266,924
2016 = $260,829.

The 20,000 square foot manufacturing plant is superbly equipped with all the heavy machinery and equipment necessary for the manufacturing process including presses, overhead cranes, floor lifts, welding stations, forklifts, compressors and a paint building.

In addition to the manufacturing component of the business, the company is also an established dealer for a popularly priced line of products that fill a price point gap in the marketing program.

The asking price includes valuable real estate in a highly visible location on the main U.S. Highway through the area and is appraised at approximately $800,000. If the real estate is not desired by the buyer of the business, a lease arrangement can be negotiated.

This business is available only because of the untimely death of one of the owners.

Consider the advantages of investing in this business:
– Trained employees are already in place.
– Valuable vendor supply relationships are established.
– The products have been market tested and proven.
– The business and the market segment are growing.
– The remaining owner is committed to a seamless transition and will thoroughly train a new owner in all aspects of the business.
– And probably most importantly, the new owner will experience an impressive positive cash flow from the first day of ownership.

For additional information on this rare opportunity, please contact William Bruce from this website. A confidentiality agreement and qualifying financial information are required to receive details.

We look forward to showing you this opportunity.

Financial

  • Asking Price: $2,300,000
  • Cash Flow: $289,690
  • Gross Revenue: $952,528
  • EBITDA: $
  • FF&E: $
  • Inventory: $93,000
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Building Square Footage:20,000 Sq Ft
  • Furniture, Fixtures and Equipment:$

Contact Information

Addition Info

The venture was established in N/A, making the business 2020 years old.
The deal shall include inventory valued at $93,000, which is included in the asking price.

Also, Furniture, fixtures and equipment valued at N/A isn't included in the listing price.

3 Things to Consider When Researching businesses for sale in Covington County, Alabama

a company is one of the largest decisions you will certainly make in your life time. Picking sensibly can cause significant economic benefits for you, your loved ones, and also your retirement. Nevertheless, in order to make an appropriate choice, you must consider numerous things.|In order to make a correct decision, you should take into consideration several points.} Below are 3 vital items to consider before buying a business in Covington County, Alabama.

Why is the Current Owner Selling The Business?

{There are all kinds of reasons why people resolve to sell operating businesses. Nonetheless, the genuine reason and the one they tell you might be 2 absolutely different things. For instance, they might claim "I have way too many various commitments" or "I am retiring". For many sellers, these factors are valid. But, for some, these may simply be reasons to attempt to hide the reality of altering demographics, increased competitors, recent decrease in earnings, or a range of various other reasons. This is why it is very important that you not depend totally on a vendor's word, but rather, use the seller's solution combined with your general due diligence. This will paint a more reasonable picture of the business's existing circumstance.

Existing Debts and Future Obligations

If the current business is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your offer. Many operating businesses take out loans in order to cover points such as stock, payroll, accounts payable, so on and so forth. Remember that occasionally this can mean that earnings margins are too tight. Numerous businesses come under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may likewise be future obligations to consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that need to be met or may result in fines if terminated early.

Understand the Customer Base, Competition and Area Demographics

How do businesses in the Covington County, Alabama area attract new consumers? Often times, businesses have repeat clients, which develop the core of their everyday revenues. Specific factors such as new competition sprouting up around the location, roadway building and construction, as well as personnel turn over can affect repeat customers and adversely impact future revenues. One vital point to consider is the placement of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Certainly, the more people that see the business on a regular basis, the higher the chance to build a returning client base. A last idea is the general area demographics. Is the business placed in a largely populated city, or is it situated on the edge of town? How might the local typical house earnings effect future income prospects?