Price: $14,000,000
Location: Miami-Dade County
Industry: Manufacturing
Listing ID: 42734720
Listing Status: New
This industry-leading metal manufacturing and installation company is a recognized innovator in the metal mechanics industry, with significant expertise across diverse sectors, including construction. The company is ISO 9001:2015 certified, emphasizing its commitment to quality and customer satisfaction.
Operating from a state-of-the-art 30,328 sqft facility, $8M of industrial commercial property (included in the sale), the business provides comprehensive services, including design, fabrication, assembly, delivery, and installation of metal and plastic products. Its extensive and diversified product range includes paneling, cladding, louvers, grilles, railings, fencing, trellis, pergolas, canopies, prefabricated houses, and architectural metal components.
The business boasts a robust clientele, ranging from public companies to hotels and government entities, solidifying its reputation and stability in the market. With its cutting-edge capabilities, the company offers immense growth opportunities for an enterprising new owner. The company has over $6.8 million backlog contracted work, and $110 million open bids that will generate significant cashflow to the new owner. The company has a favorable assumable loan of $4.7 million, with an interest rate of 6.5% over a term of 23 years.
The business is supported by an experienced team of 50 full-time employees, 1 part-time employee, 4 supervisors, and 2 managers, ensuring smooth and efficient operations.
Financials shown represents 2024 annualized numbers. 2024 January-September revenue is $5.9M and adjusted EBITDA is $1.25M.
All prospective buyers are required to submit a signed NDA, a financial statement or proof of funds, and a brief bio. Additional information about the business will only be shared with financially vetted and experienced buyers who meet these criteria.
Down Payment: $14,000,000
Total Sales: $7,864,319
Cash Flow: $1,673,542
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
Accounts Receivable Included: No
FFE: $530,000
FFE Included: Yes
Inventory: $250,000
Inventory Included: Yes
Year Established: 2009
Year of last Acquisition: 2021
Days & Hours of Operation: Monday-Friday 7AM-4:30PM
Owner Hours Per Week: 40
Lender Pre-Qualified: Yes
Non-Owner Payroll: N/A
Employees: 51
Managers: 2
Absentee Owner: No
Real Estate: N/A
Real Estate Included: Yes
Monthly Rent: N/A
Type of Location: Industrial
Square Footage: 30328
Franchise: No
Relocatable: No
Reason For Sale: Pursuing Other Interests
Training & Support: 4 weeks at no cost
Financing/Terms: Assumable loan of $4.7 million is available, with an interest rate of 6.5% over a term of 23 years.