Businesses For Sale > Business For Sale in Broward County, Florida (FL)
Well Established Mechanical Insulation Company for sale in Broward County, FL
Broward County, Florida (FL)
Asking Price: |
Gross: |
Cash Flow: |
$ 1,250,000 |
$ 2,380,544 |
$ 271,396 |
Furniture and Fixtures Value:
$ 175,000 (included in the asking price)
Inventory Value:
$ 20,000 (included in the asking price)
Business Summary:
Well established union shop. HVAC, mechanical and plumbing pipe insulation. There is slightly less than $1 million of contracted projects that have not even been started, and slightly less than $1 million in projects in progress. There is around $400,000 in accounts receivables that is included in the price of the business. These are the financial numbers from June 21st. The work that is performed is duct and piping insulation with flexible duct wrap blankets and rigid fiber glass pipe covering. Armaflex and foam glass. Steamers, Boilers, Generators and Exhaust. Very well known in the marine industry for custom fabrication of insulation for yachts. In 1970 the Previous Owner had another vision for the company to accommodate his contracting vision. He felt the best way to acquire the most qualified personnel was to become a Union Contractor and hire the best journeymen available to the industry. The decision was made to be a Union Contractor and draw from the local insulation chapter. There are six large named competitors in this market. There is plenty of work for all. Aggressive bidding on large projects would produce additional sales and profits. This Florida based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With a local presence and global marketing reach, Transworld Business Advisors has provided main-street and lower middle market business owners and buyers with transaction expertise for over 40 years. For more information on this business for sale contact listing agent Robert Cohen - (954) 536-2707. Please refer to listing #0101363668.
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Year
Business was Established: 1972 |
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Number of Employees:
2 Emp FT: 12 Emp PT: |
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Facilities / Terms of Lease:
Lease/Month: 4792 Square Footage: 3600 Building Type: Warehouse/Office
Terms & Options: Expiration Date: 11/23/2023 |
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Competition:
Non Compete : Miles: 300 Years: 4 |
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Owner
willing to finance:
Loan/Other- Amt: 1,238,300 Mos: 120 Rate: 11.50 Mo Pmt: 17,409.93 |
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Owner
willing to train:
Seller will train for 4 weeks at no cost |
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Reason for selling:
Retirement |
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Seller Reference Number: 0101363668
BusinessMart.com Listing Number: 284671 |
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To request more information
on this business
please fill out the form shown right
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For
more info contact:
Andrew Cagnetta
Transworld Business Advisors Florida
954-772-1122
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