Business Overview

Fantastic opportunity! Aluminum shingles manufacturing company with best in industry, superior product. Second to none engineering designed over 30 years ago and improved in 2019. The result of this science is a product unsurpassed in the industry. Environmentally green product, 50% thicker than competitor product, guaranteed never to blow off, even certified Miami/Dade county hurricane proof! You cannot find a better quality product.

Owner has recently invested over $1.1 million in automation resulting in high speed manufacturing with 100% consistency of product!

Limited market competition combined with your sales/marketing ability provide unlimited opportunity for growth .

Financial

  • Asking Price: $1,985,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: $1,035,000
  • Inventory: $930,000
  • Inventory Included: Yes
  • Established: 1976

Detailed Information

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

Business must be relocated, this is your opportunity to relocate closer to the customer base!

Is Support & Training Included:

The owner and lead employee are available to support the successful transition to the new owner for a negotiable period of time.

Purpose For Selling:

Seller is focusing on other businesses.

Pros and Cons:

There are 7 major companies offering similar product. However, the quality of this aluminum shingle far surpasses all the competition.

Opportunities and Growth:

Metal roofing continues to grow in U.S. with demand expected to rise at least 2.7% per year. A new roofing study from Freedonia Groups notes that metal roofing is experiencing an above average rate of growth. This projected growth is supported by Meta Roofing Alliance (MRA), which shows metal roofing is very much trending in the U.S. due to its timeless design, longevity/lasting value and the appeal of an energy efficient and environmentally friendly product.

Additional Info

The venture was established in 1976, making the business 46 years old.
The deal shall include inventory valued at $930,000, which is included in the asking price.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals choose to sell companies. However, the genuine factor vs the one they tell you might be 2 entirely different things. For instance, they may claim "I have a lot of various obligations" or "I am retiring". For many sellers, these factors stand. But also, for some, these might just be excuses to try to hide the reality of transforming demographics, increased competitors, current decrease in earnings, or a variety of various other factors. This is why it is very important that you not depend totally on a vendor's word, but instead, make use of the seller's response together with your total due diligence. This will paint an extra reasonable picture of the business's current scenario.

Existing Debts and Future Obligations

If the current business is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Many operating businesses finance loans with the purpose of covering things like stock, payroll, accounts payable, so on and so forth. Bear in mind that sometimes this can mean that earnings margins are too tight. Numerous businesses fall into a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may likewise be future commitments to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with vendors that have to be met or may lead to fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the area bring in brand-new customers? Most times, operating businesses have repeat consumers, which form the core of their everyday earnings. Particular aspects such as brand-new competitors sprouting up around the location, roadway building, and also personnel turn over can impact repeat clients and also adversely influence future earnings. One vital point to think about is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Certainly, the more individuals that see the business often, the higher the chance to build a returning consumer base. A final idea is the basic area demographics. Is the business situated in a largely populated city, or is it located on the outside border of town? How might the local median home earnings impact future earnings potential?