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BUSINESS FOR SALE - PROFILE #  16-2788SLAC

Shutter Manufacturer
South West Florida

Asking Price: $375,000   Down Payment: $300,000  
Gross Revenue: $488,404   Adj. Cash Flow*: $94,521  
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Executive Summary

This well-established custom hardwood and synthetic shutter, distribution company was established in 2000 and purchased by present owner in 2012. Custom fabrication, distribution and installation of window treatments is provided to the affluent customer base, designer and interior decorating trade. They are known for offering the finest selection in quality, craftsmanship, and service. Minimal advertising is done as most revenue is generated from referrals, repeat customers, interior designers, realtors, local builders and the remodel trade. Some manufacturing is produced on site in the present shared approx. 6,700 sq ft industrial warehouse. To reduce daily involvement, owner has opted to sub-contract some manufacturing to a quality outside source. To insure quality, unique configurations, custom framing, finishing and painting is still done on site. One sales & installation employee and one fabricator work full time. Semi- absentee seller must retire for health reasons. Excellent acquisition for the entrepreneur realizing his dream. Owners will offer owner financing for qualified buyer. Detailed books and records ready for a thorough due diligence. Revenue is tracking $500,000 for 2017 with a 25 to 27% net profit. This business is an excellent option for an E-2 visa immigration status.

Acquisition Highlights

  • 1 Full time fabricator 1 Full time Sales & Installer (Key employees, bi-lingual) Sellers are able to be away from the business for weeks at a time without issue.
  • Excellent detailed profit and loss statements and seller cost analysis available for a thorough due diligence.
  • Web site
  • Presently occupying approx. 2155 square feet and 923 additional shared common area space of 6700 square feet of industrial warehouse with a good referral source.
  • Established 2000 Purchased by present owner in 2012 Prior E-2 Visa qualifier.
  • Financing Information:  Seller financing to qualified buyer.
  • Training Information:  4 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2000 Inventory: $5,000 Included
Employees: 2 Furniture, Fixtures & Equipment: $42,200 Included
Lease/Rent: $1,720 Real Estate:
Building Sq Ft: 3078 Other: $16,500 Included
    Total Assets Included in Sale: $63,700
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Stacy Alario
Phone:  (941) 957-1414
Fax:  (941) 296-7486
E-mail:  stacyalario@aol.com
American Business Brokerage, Inc.
3205 Southgate Circle
Suite 20
Sarasota, FL 34239
americanbusinessbrokerage.org
The above company and/or agent is a licensed real estate broker/and or a business broker.
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