This company has been established for well over 50 years. They have an excellent reputation for building custom equipment and general machining needs. Some products include bag machines, carpet manufacturing equipment and textile products, but numerous industries are served. The owner is in his 80's and is ready to retire. He has a strong staff of employees many of which are cross trained so there is always more than one employee to do any particular job. There is a skilled engineer and draftsman on staff and most employees have been with the company long term. Average production labor runs $17 per hour.
Business is very strong right now and some overtime is being run but the operation functions on one shift. Straight forward financials. Seller is a mechanical engineer and will offer adequate training and transition period despite his age as he is in good health. Principals Only - No Brokers, No Buyer Reps - No Exceptions.
This company provides custom design, construction, installation, and a maintenance inventory for industrial machining and honing tools for the automotive, aerospace, communications, defense, commercial, medical and HVAC sectors. For more than three decades, they have been turning out products achieving an enviable – and unsurpassed – product satisfaction rating – not a single returned item. The company is also a manufacturer of refrigeration valves and have been servicing the refrigeration industry with the highest quality valves since 1959. The real estate is available for purchase for an additional $800,000. Contact Bill Law if you would like additional information on this great opportunity.
This plastic injection molding company has a very diversified customer base with hi margin customers. Business comes to them based on the quality and service. No salesman with lots of repeat business. Plant operates at 60% of capacity on just a one shift operation. 5 modern molding machines with lower level tonnage making mostly smaller parts.
All cash flow is shown on the tax returns - very clean records. For additional information, all buyers must provide an NDA and other paperwork to the listing broker, Hunter Law cell 704-530-5313 hunter.law@sunbeltnetwork.com
This is a multiple franchise location business, located in the Southeast. The company is a nonsurgical medical franchise that provides customized regenerative medicine treatments. The clinics offer patients an effective alternative to the traditional management of musculoskeletal conditions. Some of the locations are located in North Carolina, South Carolina and Alabama.
This structural steel fabricator has been established for over 50 years and has been in the same family. They are based in south Florida and cater to all of the state as there are so many constructions related projects continuously going on in booming Florida.
Sales were $19 Million in 2022, $13M in 2021 and $12M in 2020. Income from operations in 2022 were $3.4 Million and averaged $2M the previous two years. The owner is in his 50's and would consider retaining a minority interest in the company and participate in management. He is looking to take some chips off the table as much of his net worth is tied up in the company.
There is no formal asking price, but it is understood the value will exceed $10 Million and could be $15M or more as adjusted earnings last year were almost $4M. The Seller owns the real estate personally and is open minded to selling it or leasing the property.
There is a very well-trained staff as the owner typically works in the mornings and takes some time off some afternoons to be with family. For additional information, contact Bill Law the listing broker at 704-904-6624 or email bill@sunbeltbrokers.biz Principals Only and No Buyer Reps, No Exceptions.
This granite stone and quartz fabrication business has been in its leased premise since 2015. The company sales are 95% to the residential market dealing with homeowners (not volume builders). There are 12 employees. All pricing is posted on the slabs with very few add-ons, so the customer understands their total installed price. Installation is handled by a third party.
There is capacity to double the volume of work. Most product on the floor is consigned but some is owned - including the remnants which generate a lot of profits. Approximately 25 different jobs are done each week. Location is ideal as it is close to a very hi growth area in Florida.
The owner is sincere about selling and will consider offering some seller financing on a buyer for buyer basis with a large down payment. For more information contact Jackie Griesemer - listing broker.
Location: Deland, FL
Inventory: Included in asking price
Employees: 12
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Showroom and offices in one building and fabrication facilities in a separate building across the street
Support & Training: Seller will negotiate a transition period
Reason for Selling: Health Reasons
This modernized machine shop has been established many years. Very diversified Customer Base. Almost $2 Million in equipment alone.
Real Estate is included in asking price. Approximately 17,000 SF facility. Principals Only. For additional information contact the listing broker, Bill Law at 704-904-6624 or email bill@sunbeltbrokers.biz
Design, Machining, Fabrication, Welding, Prototypes, large scale production runs, assemblies
Gross Revenues 2023 is on a run rate of $12 Million in sales with approximately $3 Million in adjusted earnings all on a one shift operation. This is about 20% more in gross sales than 2022 and twice the profitability. Normal jobs are 500 pieces and no production runs. They do occasionally take on a project which was the case in 2022 for about $2 Million.
There is no engineering done on site as they build to print. They do not do any wiring or electrical work but do a good bit of assembly including piping as needed. An integrator handles wiring needs. The company is capable of doing Prototype work.
There is no formal asking price at this time, but the Seller likely has price expectations of close to $10 Million for the business. A stock sale is likely preferred as there is over $5 Million in accumulated depreciation on the books.
A substantial amount of the Seller’s net worth is tied up in the company and he would like to cash in as he has already partially retired.
There is an approximately. 19,000 SF facility for the CNC Machining operation and corporate offices with an estimated Fair Market Value of $1.2 Million. Just 4 miles down the road is approximately. 17,000 SF facility that houses the laser and fabrication side of the business. This property has an estimated fair market value of approximately $1,000,000 (total of $2.2 Million on the two facilities). Both facilities are owned personally by the Seller and are available for sale or lease.
Additional Information: Contact Bill Law, the listing broker at 704-904-6624 or email bill@sunbeltbrokers.biz
Here's a great opportunity to own a PostalAnnex franchise nestled in one of the top 10 affluent cities in North Carolina, taking into account factors such as median household, cost of living and job opportunities. Entrepreneur.com ranks the PostalAnnex franchise in the top third of all leading US based franchises. In 2022, PostalAnnex Waxhaw business posted gross receipts of $604,000 with a cash flow of $100,000. The operation currently employees four people and the owner work approximately 15 hours per week inside the store.
Due to another “hard to pass up” opportunity, the owner is very motivated to sell and will consider some owner financing.
The lease has been renewed for another five years at a favorable rate and all inventory and equipment is included in the sale price. “Annex Brands has become the nation's largest multi-carrier shipping franchise with over 820 locations throughout the U.S.” source - company website. Now it's your turn to own one! Updates and additional details will be forthcoming. For additional information, contact the listing broker Tony Pearl at 980.290.9000 (m) or email tony.pearl@sunbeltnetwork.com
This company has been established since 2001 and primarily services Mecklenburg County.
The business has accounts with some of the most coveted facilities in all of Charlotte, North Carolina and the business employs two full time workers, who carry CDL licenses. The owner fills in as needed and mostly spends his time steering the day-to-day operations and responding to bids.
The sale of this business comes with 92 roll off dumpsters and three clean trucks. It is very well expected that someone with knowledge of the industry will be best suited to acquire the company.
This is a great acquisition target for a larger firm as you will immediately inherit key customers within a city (Charlotte NC) that ranks #6 in the entire nation for new home construction. (US Chamber of Commerce).
This could also be a great purchase for a similar sized business seeking to expand.
The current mix of customers;
85% - Commercial
15% - Residential
The business realizes $228,373 in cash flows and an established buyer within the industry who has their own trucks could achieve close to $300,000 in yearly cash flow.
The owner is willing to offer owner financing on a case by case basis. He is also offering four weeks post closing to train you on the territory and to personally introduce you to each of his accounts.
Additional details on this business can be provided once a signed Confidentiality Agreement and financial statement has been provided along with a buyer questionnaire. This is a very strategic sale therefore principals only.
No Brokers or Buyer Reps - no exceptions.
Contact Tony Pearl listing broker, mobile 980.290.9000 or tony.pearl@sunbeltnetwork.com.
This is a great business and industry for someone looking to get into the healthcare service business. It is a growing opportunity for someone. Current owners are not hands on. There are no outside salespeople. No marketing. No cold calling.
Market will continue to grow It is the most sustainable and stable sectors of business. The aging population continues to grow, which in turns helps the industry to grow as well.
The business includes RN's. LPN's. CNA's. Personal care assistance. And administrative assistance. Current owners are absentee. The owners are willing to do some owner financing for the right buyers. Positive cash flow. Reason for Sale owners are retiring.
Please Contact Bill Steffens, (901)355-0950
Under Contract - This 25 year old company sells the majority of their products from web based on-line orders which are filled from their 20,000 SF facility which also serves as a retail store front. The products are sold all across the USA with many of them for the ceramics industry. Some of the products are sourced in the US while others are sourced overseas. Very simple operation with just a few employees. The real estate is owned and can be leased or purchased. The Seller is motivated to sell as she wants to return to her former industry in the corporate world. There is no formal asking price and the Seller is receptive to all fair and reasonable offers. It is anticipated that approximately $200,000 of inventory will convey with the sale, but this is negotiable. Historically the company has approximately $100,000 in adjusted earnings and 2018 is on course for the same on revenues of approximately $800,000.
This company sells products it manufacturers like framed art and silk plants to commercial accounts, many of which are large corporate entities and governmental agencies. The business was established over 20 years ago and the owner is at retirement age and ready to pass the business off to someone who has the energy to take it to the next level. This business had a cash flow of approximately $500,000 in 2016 with sales of $1.5 Million (2016). Sales are now about half of the volume but picking up strongly in 2019. The ideal buyer will has a sales aptitude with some experience or interests in interior design. There is no formal asking price but there is approximately $500,000 in hard assets alone (Inventory and equipment). 2017 was largely a breakeven year on sales of $670,000 while 2018 had a cash flow of $150,000 on sales of $605,473. Projected Sales for 2019 are $900,000 with over $200,000 cash flow based on orders in hand in the first quarter of 2019.
This 35 year old business specializes in work for Boeing, Military/Navy, Healthcare and other industrial related industries. The business is virtually debt free with a tremendous amount of extra capacity for CNC Machining.
Very modern shop with three 5 Axis Mazak's, one 9 axis Okuma, a Laser, a robotic welder, a paint line and many other pieces of equipment. Historically they have also done electro-mechanical assemblies and offered other value add services. Sales have ranged from $3M to $13M over the past 15 years. The owner is elderly and they have not had a salesman in several years - as a result sales have been in the $3M to $5M range lately.
They have a very nice facility with amble room for expansion or assembly with 25,000 SF of their shop having very hi ceilings. There is a preference to also sell the real estate but a lease is possible.
Seller is motivated to sell as his health is declining. The shop has about 30 very skilled employees which are hard to find in todays labor market. This is an excellent fit for another hi end CNC shop in need of additional capacity. This business just needs sales.
Seller is open to all fair and reasonable offers. All buyers must sign an NDA before getting additional information. Principals only. No Buyer Reps. Contact Bill Law at 704-904-6624 or email bill@sunbeltbrokers.biz.
Franchised Fitness Center in fast growing Rock Hill, South Carolina, newly refurbished during Covid with state-of-the-art equipment. As with my gyms, 2020 was a challenging year but this business managed to make a healthy profit despite a decline in monthly subscriptions. At its peak, pre-Covid, the business had 1,600 monthly memberships. After falling to 1,200 memberships during the pandemic, memberships are on the rise again, approaching 1,400. Also, during the last year personal training was severely impacted by restrictions placed on gyms. A new owner and loosening restrictions will allow for a much more robust pick up in this area. During the last year, the owner closed for several weeks and used that time to refresh and refurbish the entire space and equipment. The center shows extremely well and must be seen to be appreciated. All equipment and inventory are included in sale. In addition, an owner/operator would save approximately $40,000 on managers salary. There is also an opportunity to open a second location that does not conflict with the proximity radius of the existing location is approved by the franchisor.
