Custom Manufacturing For Sale

Business description

This company is Southern Maine’s leader in the design, manufacture and installation of specialized sun and storm enclosure solutions for both the residential and commercial markets. In addition the company is an authorized dealer for the leading manufacturer of storm and security shutters. The company has significant growth potential in today’s and tomorrow’s market.

Property information

Real Estate:

Lease

Leasehold rent:

$36,000 per annum

Location:

The company's local market area continues to grow and will provide exceptional sales opportunities for many years to come.

Premises details:

The 2,700 SF facility is custom designed and is situated on about 1.5 acres. The current ownership will lease to a new owner at market rates. The company’s vehicles and equipment are in good condition and are more than adequate for future expansion.

Other information

Expansion potential:

The company’s current market area is expected to provide exceptional sales opportunities for many years into the future and the company has a strong market presence in it. In an industry with several competitors, this company has a growing market share. Its size and reputation allow it to continue to increase market share for the foreseeable future. The company believes that it has substantial avenues for growth. An acquirer could also expand geographically. The business has been carefully developed with an eye toward future expansion.

Competition / Market:

There are other competitors in the state, but this company’s unique market position gives it an advantage over the competition. Its longevity and previous marketing efforts have given it a solid local reputation and basis for growth. The company is already successful, but there are many ways it could grow.

Support & training:

The seller will provide extensive transitionary training to a new owner and will be available for ongoing consultation.

Reasons for selling:

The seller does not want to drive the company to the next level. He plans to remain in the area.

Financing available:

No seller financing anticipated. $25K working capital plus $75K inventory purchase

Furniture / Fixtures value:

$225,000 (included in the asking price)

Inventory / Stock value:

$75,000