Specialty Materials Processing Firm

Riverside County, CA

Seller Financing Available
Specialty Materials Processing Firm

Asking Price:$599,900

Cash Flow:$187,500

Gross Revenue:$3,728,000

EBITDA:$187,500

FF&E:$700,000

Inventory:$300,000

Real Estate:$6,450,000*

Established:2006

*not included in asking price.

Specialty Materials Processing Firm

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Business Description

This is a rare opportunity to acquire a specialized multi-revenue stream producing operation in Southern California (N.San Diego County). The firm deals in the commodities markets but also has a thriving retail aspect as well. Corporate tax records are consolidated but internal accounting records detail each operation separately. The business(es) are well established and revenues are on an upswing in 2016. Staff would like to stay on and grow with the new owner. Ideal candidates are existing operators or those who have need of large building and lot storage strategically located near major freeways.
The property is also for sale separately, but owners will only consider property in concert with the business sale. The building is 42,000 sf of which 6,000 sf is office space. There are two adjoining properties that comprise the total operation, one is 3.35 acres and houses the building, and the other is a 7.06 ac graded gravel lot used currently for material storage. The smaller parcel is available for $5.20M and the larger lot is available for $1.25M. Owners commissioned an independent third-party business valuation that indicates general economic outlook data to be strong going forward. The report also shows that value of the combined operation to be greater than the asking price. Owners are motivated to retire, and would like to make a compelling offering available to qualified buyer candidates.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
17
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
42,000 sf building (6,000 sf office / 36,000 warehouse) on 3.35 ac parcel with adjoining 7.06 ac graded gravel lot (used for storage currently). Owners own both properties, and currently charge themselves $20k per month in total rent (mod gross basis).
Competition:
The market is somewhat competitive, but has high barriers to new entrants. It’s likely that no new entrants would be allowed or permitted to get into the primary business.
Growth & Expansion:
The business can grow through additional networking and advertising as well as expansion into new products.
Financing:
Seller may be willing to offer limited short term financing for well qualified buyer
Support & Training:
Owners will train and support for up to 1 month following sale, and be available on consulting basis thereafter.
Reason for Selling:
Retirement

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Gregory DiCristina

Business Listed By:
Gregory DiCristina

The Chase Group

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