Businesses For Sale

Manufacturer

Asking Price:$2,500,000 Gross Income:$5,167,808 Cash Flow:$0 FF&E:$1,350,000
Inventory:$780,000 Real Estate:$2,650,000 Year Established:1991 Employees:82

Description:Leading manufacturer of modular commercial buildings in North Carolina. The company primarily manufactures temporary modular buildings and constructs them using steel frame technology and specializes in design-build custom construction. The company has manufactured educational, commercial, financial, and medical facilities throughout the Eastern United States. The company’s customers are primarily located in North Carolina, Virginia and Maryland, where the company enjoys a competitive advantage over its competitors. The real estate may be purchased as a single parcel for $1,700,000, two parcels combined for $2,650,000 or the facilities can be leased.

Facilities:A 135,000 square foot manufacturing and administrative offices located on 23 acres. Also, a secondary 31,200 square foot industrial building, along with 3 out buildings including frame shop and paint booth located on 21 acres.

Competition:The Company is the premiere manufacturer of commercial modular buildings in North Carolina and it specializes in design-build custom construction. The company enjoys an outstanding reputation for service and quality within the industry.

Growth/Expansion:The Company’s manufacturing facility is capable of producing over 500,000 square feet of buildings per year and significantly more if they were to run a second shift. The company’s predecessor had over $21,000,000 in sales in 2005 and had in excess of $10,000,000 in sales in 7 of its last 9 years of operation.

Support/Training:There is a well trained management team in place. The seller will provide transitional training and support.

Contact Information

Contact:   Tim Martin

Phone:   919 861 8987

Email:   jtim3667@earthlink.net

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