Facebook Twitter Linked in Glen Cooper's Blog
Twitter Business Alerts
Business 4 Sale. Marine Construction – Hi-End Docks & More. Price reduced to $325K. Sales $325K. Cash Flow $110K. Go to: http://goo.gl/bbzD
Featured Opportunities
Event and Conference Center
Newly constructed, energy efficient, high-tech!Masonry Contractor
Industrial, commercial and residential clients!Family Restaurant and Lounge
Newly renovated, full bar, 150 seats!
Industrial Energy Business
Financials
Asking Price of Business: $600,000
Included in the Asking Price:
- Furniture, Fixtures & Equipment: $250,000
- Inventory: $100,000
Asking Price of Real Estate: $350,000
Cash Flow: $275,000
There is an addtional $40,000 cash flow from real estate rent add-back.
Annual Sales: $1,750,000
Summary Description
This well established and successful energy conservation business specializes in the insulation and jacketing of mechanical systems. It provides material and installation services for the full range of thermal, condensation control, protective jacketing, and personnel protection insulation applications. The company has extensive experience working in the industrial and commercial markets. It generally functions as a subcontractor to mechanical contractors. The company's impeccable reputation for quality workmanship enables it to receive contracts even when they do not submit the lowest price. This is an exceptional opportunity for a corporate or individual acquirer who wants to own a company dedicated to saving energy.
General Information
Year Established: 1977
Employees: 19 Full-Time
The real estate includes three buildings consisting of a 3,000 square foot office and warehouse, a 1,140 square foot warehouse with loft, and a two story 5,680 square foot warehouse on one acre of land. The real estate is available for acquisition.
Market Outlook
Competition & MarketBecause of the need for energy savings and conservation in manufacturing processes, the company's potential customer base is huge. There are over 27,000 manufacturers in New England, and over 18,000 in the company's primary market area. Many of these manufacturing facilities can benefit economically from proper thermal insulation of their processing and heating systems, condensation or acoustical control.
Growth & Expansion:
As energy costs continue to rise, conservation becomes more important to building owners and most manufacturing processes. The need for the company's services has never been greater, especially in New England where there are older manufacturing facilities. Significant additional revenue could be generated by pushing for more work in neighboring states and taking advantage of the company's favorable wage advantage.
About the Sale
Financing:
- Seller on Business: $400,000
- Bank on Real Estate: $275,000
- Down Payment: $275,000
- Working Capital Needed: $100,000
Support/Training: Owner will provide transition training for a new owner.
Reason for Sale: The seller is retiring after more than 30 successful years in business.
Contact Information
Lee Edwards
Maine Business Brokers Network
Phone: 207-775-1957
Lee@MaineBusinessBrokers.com
Before we can provide you with more information about our listings we need your agreement to confidentiality and your registration with us as a potential buyer. If you are not yet registered with us, please follow the link below to the Registration page. If you are already registered with us, follow the link to the inquiry page or contact the broker with whom you have been working.
Registration
Already Registered? Click here...
“I have read all of your articles . . . and I want to let you know how informative I have found them.”
Joey Carson
Los Angeles, California, Email received
