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#Business ID: 12123

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Profitable Commercial Door Trim Hardware Manufacturer

Business Location: Los Angeles, California, United States

Asking Price: BUSINESS SOLD Revenue: $ 5m & above Cash Flow: $ 500k to 1m

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

This 60-year-old profitable Company is the leading independent U.S. manufacturer of commercial and institutional door trim hardware. The Company’s brands and products, some of which are protected by its extensive library of patents, have become the standard of excellence in high-quality door trim that withstands heavy traffic and abuse in hospitals, schools, government buildings, institutions, retail tenant improvements, office buildings, and large-scale residential complexes. Industry research indicates that the Company’s markets will grow significantly over the foreseeable future because of rebounding commercial construction, increased healthcare construction under Obamacare, school entry safety concerns, increased government construction spending, and a steadily strengthening in the U.S. economy. The Company’s management, employees, sales professionals, operational staff, and production craftsmen have the experience, creativity, and expertise needed to continue the Company’s long history of success well into the future.

The Company’s owner is retiring and he wants to transfer ownership to new leaders who share his excitement for the future of this Company and his commitment to its customers, employees, distributors, and suppliers.

This is a highly confidential matter. NO additional information will be provided unless interested parties have signed a Confidentiality Agreement and provided proof of funds. Hit the reply button to learn more..

Property Details

Years Established:

1949

Property Type:

Lease

FF&E:

$ 750,000

Inventory Value:

$ 3,400,000

Other Business Details

Business Location:

Industrial area

Premise Details:

Multiple buildings

Competition:

Assa Abloy, Ingersoll-Rand, Stanley Black & Decker

Expansion Potential:

Several – Hospitals/Healthcare, Hospitality, Education, Office Buildings

Business Operation Details

Employees:

90

Trading Hours:

7AM-4PM

Support & Training:

Seller will provide

Relocatable:

Business Relocatable

Miscellaneous Details

Financing Available:

Yes
Seller will consider partial financing for a qualified buyer

Reason For Selling:

Owner Retiring

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