Profile: Manufacturer - Fire Alarm & Door Holder.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$3,249,000 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$2,557,000 |
| Annual Adjusted Net: |
$600,000 |
| Price Range: |
Over $2 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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Thirty-Five Year Established, Profitable, Manufacturer In The Fire Safety Business Is A Primary Supplier For Commercial Buildings Of Fire Alarm Manual Pull Stations And Electromagnetic Door Holders In The USA And Canada. All Products Made In The USA\. All Products Are Ul, Ulc, Mea, Fm And Fire Marshal Approved. They Have Patents And Patents Pending.
The Owners Say That Their Products Line Is Known In The Industry To Be Of The Highest Quality And Provides The Most Innovative Features. They Have A Long-Term Talented Chief Engineer On Staff.
Their Customers Are A Broad Base Of Large National Oem’s And Distributors. Nine Customers Represent 44% Of Their Business, With The Largest Representing About 12%. They Also Do Private Label Products. Three New Products Are Being Finalized For Current Customers Which Owners Say Will Increase Revenues Significantly, Projected At 300,000 Per Year.
The Business Is Located In A Light Industrial Area On 1 Acre In Southern Los Angeles County. They Manufacture, Assemble, And Ship From Their Plant. The Buildings And Land Are Available Separately. Their Operation Is A Modern, Well-Equipped Sheet Metal, Machine And Paint Shops With A Separate Administrative Building.
They Have 21 Full-Time Employees Including One Owner Who Is The General Manager And Handles The Accounting And Would Be Willing To Stay On. Other Key Employees Are Long-Term. The Business Is Family Owned And 2 Of The Other Partners Have Other Ventures To Pursue.
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