Business Overview

Since 2002 this Company has been manufacturing custom wood shutters for wholesale trade. Customers include shutter resellers, designers, contractor, and builders. Located in and serving metro Atlanta, the Company operates from an 8,000 sq. ft. production facility. The facility lease rate is $7,000 per month. There are 5 well trained and reliable employees, all expected to stay on post-acquisition.
This is an excellent opportunity to acquire a well-established and highly profitable enterprise with significant upside growth potential.
KEY COMPANY HIGHLIGHTS:
• Proven procedures; Skilled Crew; Very minimal Errors. Excellent market location close to major highways and access points.
• Only one product is produced (Painted finished Shutters and stained grade Shutters) which centers focus and efforts on quality.
• NO installation of products
SUSTAINED GROWTH OPPORTUNITIES:
• Future growth could be focused on expanding market localities and perhaps offering products to the retail public.
• Implementation of a formal marketing plan and developing a web presence would immediately increase revenues.
• Outside sales representation
• Offering Turnkey (add Installation) services to Designers, Builders.
• Add new product lines to the existing spectrum of products.

Financial

  • Asking Price: $640,000
  • Cash Flow: $204,000
  • Gross Revenue: $737,373
  • EBITDA: N/A
  • FF&E: $100,000
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: 2002

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:8,000
  • Lot Size:N/A
  • Total Number of Employees:5
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Company operates from an 8,000 sq. ft. production facility.

Purpose For Selling:

Retirement

Additional Info

The company was founded in 2002, making the business 20 years old.

The business has 5 employees and is situated in a building with estimated square footage of 8,000 sq ft.
The real estate is leased by the business for $7,000 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons people choose to sell businesses. However, the true reason vs the one they tell you might be 2 totally different things. As an example, they may claim "I have too many other commitments" or "I am retiring". For many sellers, these factors are valid. But also, for some, these may simply be justifications to attempt to conceal the reality of changing demographics, increased competition, recent reduction in incomes, or a range of other reasons. This is why it is really important that you not depend completely on a seller's word, however rather, utilize the seller's solution combined with your general due diligence. This will repaint an extra sensible picture of the business's present situation.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your deal. Many companies finance loans with the purpose of covering things like stock, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can indicate that revenue margins are too small. Many companies fall into a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future obligations to think about. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that need to be satisfied or might result in charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area draw in brand-new clients? Most times, businesses have repeat consumers, which create the core of their day-to-day profits. Particular aspects such as new competition growing up around the area, road building, and staff turnover can influence repeat customers as well as negatively influence future earnings. One essential point to think about is the location of the business. Is it in a very trafficked shopping mall, or is it hidden from the main road? Undoubtedly, the more individuals that see the business on a regular basis, the better the possibility to construct a returning client base. A last thought is the general area demographics. Is the business situated in a largely inhabited city, or is it located on the outskirts of town? Exactly how might the regional typical family earnings influence future revenue prospects?