Family Owned and Profitable small mfg business in niche market.

Springhill, AR (Faulkner County)

Seller Financing Available
Family Owned and Profitable small mfg business in niche market.

Asking Price:$425,000

Cash Flow:$100,000

Gross Revenue:$500,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:$150,000*

Established:1994

*not included in asking price.

Family Owned and Profitable small mfg business in niche market.

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Business Description

Replacement cooling units for camper and rv refrigerators

Start making a legitimate profit on day one. We are a leading manufacturer/rebuilder and supplier of replacement cooling units for camper and rv refrigerators. We started as a mom and pop rv fridge repair shop 22 years ago. Over the years we have have grown and designed and engineered our own proprietary tooling and formulas for recharging and rebuilding absorption type cooling units. We have a small but very efficient manufacturing facility where we do our own tube bending, welding, fabricating, charging. We have designed our own molds for injecting urethane foam. Specialized packaging to ship units across the country.
Building can be purchased separately or leased. Would also consider owner financing building in a separate deal.

Detailed Information

Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
5,000
Employees:
6
Facilities:
We have a 5000sqft facility. We have a small but very efficient manufacturing facility where we do our own tube bending, welding, fabricating, charging. We have designed our own replacement parts such as boilers and evaporators, along with own molds for injecting urethane foam. Specialized packaging to ship units across the country. Equipment includes welding stations, paint room and equipment, several specialized tube benders. Punch press, slip roll bender, cnc plasma, molds for urethane foam, welding fixtures, fork lift.
Competition:
With two e-commerce websites, the market is any recreational vehicle dealer or service facility in the US. We also sell directly to the public through our websites and on ebay. Competition in this market is limited with only 4 real competitors in the US and one in Canada.
Growth & Expansion:
In 2016 we have started a distribution network to have facilities across the country warehouse our products for drop shipping to cut lead time to the end user. As well we have begun plans to manufacture our own line of brand new aftermarket cooling units and aftermarket heating elements with and have manufacturing partners in place to manufacture key components. Working with our current manufacturing partners the new owners can significantly expand production of current models as well as offer new products in this space. Also new patent pending
Financing:
might owner finance with substantial down pmt.
Support & Training:
Owner is in expert in the field of absorption refrigeration and is willing to stay on with the business as need after initial training period. The business has several key employees that has been with the business for 7-10 years.
Reason for Selling:
owner ready to retire after 22 years in business.

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