HVAC duct manufacturing company |
| 03-03 08:45:41 来源： 作者： |
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HVAC duct manufacturing company Inquiry (采购产品): HVAC duct manufacturing company Breckenridge Business Brokers 1536 Kingsley Avenue, Suite 116, Orange Park, FL 32073 Telephone: 904-264-2274 Fax: 904-212-1150 E-mail: larryblevins52@aol.com Web: www.breckbroker.com November 14, 2007 Spiral Manufacturing Company 11419 Yellowpine St. N.W. Minneapolis, MN 55448 Many times, we as business owners think about how to grow our companies so as to increase revenues which hopefully will increase profitability. This is the reason I am sending to you this summary of a company that we have listed for sale. It is most likely a business that is similar in nature to your existing company. ______________________________________ HVAC MANUFACTURING COMPANY SUMMARY LOCATION – NORTH FLORIDA This manufacturing company was started in 1991 as a full-line manufacturer of round and oval duct products for new commercial and industrial construction. The company operates as an S-Corporation and has a fiscal year-end of December 31st. They utilize a local accounting firm for preparation of financial statements. Their markets include Florida, Georgia, Alabama, and North and South Carolina. They also have a separate corporation which is a holding company for the benefit of holding the real estate. This corporation is also owned by the same owners. This company operates out of approximately a 43,400 square foot plant located in Northeast Florida. The plant encompasses 2.15 acres with about 41,300 square feet of manufacturing space and 2,000 square feet of office space. The annual sales are approximately $2.3 million and the company is currently capable of operating at a level of about $3,000,000 of annual revenues without any significant changes in the operating process. A $4 million year of revenues would most likely entail the purchase of another forklift and another spiral pipe machine totaling about $100,000 in expense. To handle sales over $4,000,000, an additional sales person and a supervisor might be required plus possibly additional equipment. However, there should be no requirement for additional space as the existing facility is most likely adequate for this volume. The company has all the necessary equipment for shearing, breaking, rolling, and welding their product. About 80% of the company's business is for new supply and return air systems custom manufactured to an architect or engineer's specifications. The balance of the work is heavy gauge construction for industrial applications in aluminum or stainless steel. The company annually ships about 3 million pounds of steel products to market throughout the Southeast with projects typically ranging from $3,000.00 to $100,000.00. The company distinguishes itself from competition by utilizing a quick, accurate, and aggressive pricing strategy predicated on a proprietary contract-pricing program. The company also provides exceptional service backed by personal relationships with industry specialists. Due to the company's exceptional reputation for providing these value-added services, they have procured a 95% repeat business rate. Their primary competitors are United McGill, Semco, Lindab, Hamlin Industries, and BHV. Calendar year revenues and profits continue to show consistent growth. Major expansion into South and Southwest Florida is likely something a new owner may want to do because two competitors who were formerly located in those areas have recently moved their operations to Texas and North Carolina. This situation leaves this company as possibly the only supplier of this type left in the state of Florida. This company has already established a sales representative in one of these areas and is beginning to see new orders coming in from these areas. In addition, this company does not provide materials for residential construction. This keeps it out of the up & down cycles for the residential homebuilding industry. The asking price for this business is $3.2 million which includes approximately $650,000 of heavy equipment and $1.2 million of real estate. Ninety percent financing of the equipment and real estate may be available to a qualified buyer at a low fixed 6.5% rate of interest and for a term of 20 years. The owners may consider some seller-financing to a qualified buyer. If you have any interest in this business, please contact Larry Blevins at Breckenridge Business Brokers, 1536-116 Kingsley Avenue, Orange Park, Florida, 32073. Telephone number is 904-264-2274. **** Hidden Message ***** Larry Blevins 32073 USA Company: Breckenridge Business Brokers E-mail: larryblevins52@aol.com **** Hidden Message ***** larryblevins52@aol.com |
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