Fabrication Ornamental & Architectural

Volusia County, FL

Seller Financing Available

        Finished Aluminum Bridge
Asking Price:$1,350,000
Inventory:$30,000
EBITDA:$660,000
Established Year:2005
Gross Revenue:$2,100,000
Rent:$9,800/Month
FF&E:$125,000
BUSINESS DESCRIPTION

The company is primarily a manufacturer of architectural and ornamental staircases (straight or circular), fences, screen doors and windows guards balcony railings, metal awnings, hand rails, Fire escapes, architectural decorative pediments and limited to aluminum round and square tubing, solids rod stock and plate stock.
The sales are limited to aluminum fabrications of their products are sold to these key industries of home builders, Industrial buildings, commercial buildings, municipal buildings and health facilities. The key supplier side industries are iron and steel manufacturing, aluminum manufacturing, fasteners manufacturing, welding supplies, painting, powder coating and aluminum anodizers.


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DETAILED INFORMATION
Location
Volusia County, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
15,000
Lease Expiration
31/08/2026
Employees
16
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Building located in industrial area; 15000 s/f with interior offices. Lease and option to purchase building and assignment of lease is available. Site has a hard surface parking lot and a fenced storage/production area. 800 amps service, ample office area, break room, small kitchen, not all offices are occupied.
Competition
The industry, aluminum fabrication has no one dominant production company. It tends to be local production and smaller companies. The sellers have many general contractors who continue to request the seller to bid jobs.
Growth & Expansion
Industry operators of manufacturing of architectural metalwork products, which are used in residential homes, multi-family. condominiums, are experiencing growing sales numbers of housing starts are boosting sale for industry products. The sale boost began in 2009, and the construction jobs will continue to increase for the years beyond 2025, good opportunities for the industry.
Financing
Sellers' may take a second position note to new bank debt.
Support & Training
Management (sellers) will continue after-closing for an extended period of time.
Reason for Selling
retirement after new employment contract with buyer .
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AJohn
Richwine
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AJohn Richwine