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52 Year Old Manufacturing Business For Sale

Palm Beach County, Florida

Asking Price: Gross: Cash Flow:
$825,000 $833,066 $187,980

Furniture and Fixtures Value:
$95,000 (included in the asking price)

Inventory Value:
$150,000 (included in the asking price)

Business Summary:
This is a family-owned manufacturing business located in South Florida. The business has been serving the Garage Door Industry since 1969; specifically, to meet the demand for residential keys switches, mechanical disconnect units and push buttons. The business has grown to include commercial key switches, remote controls, keyless entry and garage door accessory products. Their customers are worldwide. The sale price includes $150K of inventory. The business and property have been pre-qualified for SBA lending.This 52-Year-Old solid business will not be on the market long.Their 4000 sq/ft Facility Can Either Be Leased Or Purchased. Please refer to listing number 6401582835 Rick Kittay 954-401-4115 when inquiring about this listing.

 
   
   
Year Business was Established: 1969
   
Number of Employees: 4  
   
Facilities / Terms of Lease: Lease/Month: 4000 Square Footage: 4000 Building Type: Stand Alone Terms & Options: Expiration Date: 12/31/2025  
   
Competition: Non Compete : Miles: 100 Years: 3  
   
Owner willing to finance: Other Financing Amount $590,000.00 Other Financing Interest 6% Other Financing Term Months 120 Months  
   
Owner willing to train: Weeks Training: 4 Cost: $0  
   
Reason for selling: Retirement  
 

 

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