Construction Manufacturing Business for Sale

Price: $600,000

Location: Dallas Metroplex

Industry: Construction and Manufacturing

Listing ID: AB-3091117


Listing Description

Residential and commercial construction of carports and patio covers, walkway and dock covers. Specializing in hail and storm damage repairs. Vinyl siding and replacement windows are also provided. Owner couple wish to retire. Seller is key person in the business. He does all sales, runs the warehouse and provides job breakdown and drawings for permits. Also oversees subcontracted installation of projects. Wife handles administrative duties. Currently in a 9,000 sq. ft warehouse/office building, the business utilizes approximately 5,000 sq ft. of building. Several other offices in building are rented out to other businesses. Seller will lease to purchaser or the business can be moved.

Listing Details

Total Sales: $711,855

SDE: $224,900

FFE: $30,000 (Included in Price)

Inventory: $25,000 (Included in Price)

Reason For Sale:

Retirement

Training & Support:

Seller will assist in the transition for 30 days. Would consider staying longer on Consulting Agreement at negotiated rate for up to 6 months

Operation

Year Established: 1973

Days & Hours of Operation: M-F 7:30 - 4:00

Non-Owner Payroll: $24,000

Employees: 1

Location

Relocatable?: Yes

Facilities Information:

9,000 sq. ft building owned by Seller. Approximately 5,000 sq. ft. is occupied by this business. Should Buyer choose to stay in the location, Seller will lease the 5,000 sq. ft. to Buyer for $3,000/month for 2 years. Business could be moved and operated from smaller footprint. SDE has been adjusted for rent of $3,000/month and also for an additional "shop hand" employee at a rate of $18/hr.

Summary

Historical Summary:

Business opened in 1973 and incorporated in 1984, this company has been in continuous operation for 48 years. Originally owned by a Dallas fireman, current owner purchased in 1992 after working for the company for many years. Current owner has background in wholesale, manufacturing and retail sales. In the mid 90’s, the company began manufacturing their own steel roof panels for carports and patio covers.