Specialty: Manufacturing Business
For Sale Charlotte NC

Business For Sale Charlotte NC

Charlotte Business for Sale listings by Industry, Down Payment, Price

Profitable Optometric Practice-Proven Track Record
Medical MD Practice
Mongtomery County
N759-ES
$ 325,000
$ 350,000
$

Second fully-equipped examining room ready and waiting for energetic professional ready to double the patient capacity for this already prosperous and well-established eyecare provider. Percentage of ownership and terms open for discussion.


Known for outstanding professionalism over many years, this one-optometrist practice emphasizes a medical model with full-service optical dispensing. The Seller/optometrist will stay on for an extended period of time. This patient-friendly facility is fully computerized with the latest in high-tech equipment. An experienced staff assists the optometrist with all phases of testing and billing, as well as all pre-exam and specialty testing. This group is known for its expertise in diagnosis and treatment of anterior segment diseases and glaucoma as well as corneal dystrophies and refractive irregularities with scleral contact lenses. Their niche competency is treating Keratoconus.


A collection of soft contact lens with two fitting sets is representative of all the major manufacturers, with standard and exotic designs. They also offer a selection of over 600 eyeglass frames. Patient hours are consolidated into four days with two longer-hour days. All insurances (including Unions) accepted.


Located in a desirable suburban city near a Metro area, this practice has become a vital resource for local and nearby communities. The facility is a converted home in a comfortable residential neighborhood only a couple blocks from town center. The practice occupies the main floor with two fully-equipped examining rooms including corneal topographer and keratometer.


Seller’s very desirable Real Estate at FMV of $375,000 can be available as well. With two upper-level rental contracts in place, this is a cost-efficient acquisition.


Certified Service Towing Center - Tallahassee Area
Towing Service
Tallahassee
N769-BL
$ 660,000
$ 858,581
$ 220,775

This tow service company has been established 7 years and mostly services the outskirts of the Tallahassee area and the I-10 corridor heading eastbound. Their fleet of 8 trucks include 2 heavy duty, 3 rollbacks, 2 service trucks and 1 self loader. There are 5 drivers and 1 dispatcher who can also drive. Bookkeeping and Repairs are sourced as outside services. The owner is a CPA and lives over 1,000 miles away and the business could use some more guidance not having a hands-on owner. They have digital dispatch software and are tied into AAA, Allstate, Road America and a few other entities for service calls.


Full Service Charlotte Area Masonry Company
Contractor Masonry
Charlotte Area
N784-BS
$ 3,500,000
$ 4,100,000
$ 1,000,000

The business for sale is a full service masonry company laying block & brick. This is a nonunion shop. Serving the Charlotte and surrounding areas for 27 years the owner operator has been a part of many various projects throughout the years. Including several schools, hospitals, and other commercial projects within the area. They only hire skilled masons; provide their team with the resources necessary to complete each project in a professional and timely manner; and utilize their many years in the business to find creative and progressive ways to complete difficult projects. They will build each project to the exact specifications of the Architect and General Contractor and will not leave a project until the Owner is completely satisfied. Their goal is a satisfied customer who will return to them time and again for their masonry needs. There will always be a need for Mason and masonry work. Competition is low, profits, can be high.


Material Handling Equipment Manufacturing company
Auto Customizing
Charlotte
N787-BL
$ Undisclosed
$ 1,367,000
$

This company manufacturers custom equipment for large industrial manufacturers. Many of the products are battery powered material handling related equipment for industries like automotive and other large industrial manufacturers. There business has several engineers who work with the customers engineering departments to make the products. This company sees itself as a solutions provider to his customers needs. Many of the products developed over the years could be marketed to other industries, but the owner of this business is a typical engineer - Very good at designing and building equipment but not very good at sales and marketing. He is now at retirement age and is looking for a buyer with a strong background in electrical or mechanical engineering and hopefully has some sales skills as well. The owner is willing to train as necessary. The company is debt free and there is no mortgage on the real estate with a FMV of approximately $500,000 (18,000 SF on 5 acres in an industrial park). The company has a fiscal year ending March 31st. Sales for the year ended 3/31/19 were approximately $1.4 Million which is a typical year. 2015 had sales of $3 Million and there are some big jobs that look promising which could result in another $3 Million year forth coming. There is no formal asking price and the Seller has an open mind to price and terms for the right buyer. He is sincere about selling and wants to step away from the business but can be retained for consulting as needed.


Established Industrial Services & Maintenance Comp
Mfg-Machinery
United States
N788-BL
$ 2,700,000
$ 5,500,000
$ 5,500,000

This 30 year old company provides on site plant services including construction & maintenance, metal fabrication, welding, electrical, pipe fitting, plumbing, HVAC and Millwright Contracting. They are very well known for moving and setting up equipment for commercial, industrial and institutional facilities mostly in the Carolinas. Work is performed under fixed pricing contracts as well as cost plus. Some customers have been with the company for decades. Very loyal base of skilled employees. The founder/owner is looking to retire. Revenues have ranged from $5 Million to $9 Million. No other information can be provided until a Confidentiality Agreement is procured.

 


Machining & Fabricator with ISO & AS Qualification
Mfg-Machine Shop
Charlotte
N789-BL
$ 10,000,000
$ 1
$ 1

The owner of this business is looking for the right company to merge with. The owner is elderly and has several second generation family members in the business that want to continue working for a new owner. The Seller is focused on finding a Buyer with the right culture and mix of business and can utilize their $5 Million facility comprised of about 80,000 SF total with tall ceilings and heavy cranes.


The facility is under utilized and has about $2M in machining and $2M in fabrication work now, but have peaked as hi as $13M a decade ago. Industries served include Aerospace, Medical, Military, Transportation, Commercial, etc. The customer base has a wide mix and does not rely on a major customer. However, more sales need to be brought into the company. They have very hi end equipment (Mazak, Mori Seike, Okuma, HAAS) including 9 axis capability, large CNC's, (Trumpf) laser cutting, plasma, welding, assembly. Seller wishes to review info on the Buyer's Company prior to identifying them as they wish to remain confidential until they determine there may be a fit.


There is no formal asking price but the Seller prefers to sell the business and real estate together and is likely to be in the $10 Million range for a deal. Principals Only, No Brokers, No Financial Buyers, No Exceptions - Strategic Buyers Only Please.


North Florida Sign Manufacturer & Installation Com
Mfg-Signs
North Florida
N790-BL
$ 2,500,000
$ 4,000,000
$ 4,000,000

This sign company is the largest in the area serving its North Florida market. They have been in business for over 20 years and the owner is looking to retire, but is receptive to a year or two in transition with a buyer. They have a state of the art facility that was recently appraised for $1.5 Million with 37,000 SF and room to grow.

Their equipment is top notch including 2 CNC Multi-Cam Routers, EFR Printer and numerous Elliott trucks most of which are fairly new. Customers vary including chain restaurants, banks, gas stations, etc. They have a very skilled staff with over 30 employees.

The business is priced at $2.5 Million and the owner prefers to sell the real estate with the business (total asking price $3,990,000)


Structural Steel Ornamental Metal Manufacturer
Mfg-Metal Products
Fort Lauderdale
N791-BL
$ Undisclosed
$ 1,800,000
$ 250,000

This Fort Lauderdale Company has been established about 20 years. The owner is looking to retire and will provide a long transition period for a buyer. They have a small 7,000 Mfg space in South Florida with much of their work being in the Miami area. They have 4 trucks for installations and a total of about 15 employees. Work varies between structural steel for commercial work or hi end homes, metal stairwells, ornamental iron railings, custom fab, etc.


There is no formal asking price at this time but the owner is sincere in selling.


Manufacturer & Designer of Fine Plaques
Mfg-Awards/Plaques
Franklin
N794-BL
$ 479,000
$ 237,158
$ 104,506

This company manufactures Plaques mostly, some window decals and other miscellaneous items. There is a minimum order of 100 units for any order. Wood products tend to be the most expensive. Primary customers include Chamber of Commerce’s, Trade Association & Affiliates or The Better Business Bureau. Note: There is a lot of repeat orders and many word of mouth referrals.


Business is located in approximately 8,000 SF of manufacturing space and office. The real estate has an estimated fair market value of approximately $300,000 but there is no formal appraisal. It is in a prime commercial area close to downtown Franklin and consists of 2 stories. The upper level is street accessible with a loading dock. The lower level also has a loading dock.


The owners have not pushed sales much in their older age. Hopefully this will show the potential for this business.


Profitable Niche Aerospace Parts Manufacturer
Mfg-Aircraft Product
North Carolina
N796-BL
$ 4,000,000
$ 2,200,000
$ 2,200,000

This 20 year old niche manufacturer is located in the Carolinas (exact location after NDA). They have a heavy emphasis on CNC and CAD to design, build, inspect parts, tooling and fixtures. All low volume - time critical parts with very high margins.


Operation supports customers in aerospace, automotive and product development. Small staff of 10 working just one shift with a lot of additional capacity in their 10,000 SF facility. Plans in place for additional 10,000 SF on site. Modern shop with 3, 4 and 5 axis machines. The machines, computers and software have all been kept up to date and are in good working order.


Consistent profitability with approximately $1.4 Million average cash flow as shown on the tax returns. The owner is looking to retire but will provide for a 6 to 12 month transition. The owner owns the real estate and will sell it or lease it. Buyer should have strong background in estimating.


No additional information will be provided until interested parties have submitted a Confidentiality Agreement and other documents to the listing broker, Bill Law. Principals Only, No Brokers or Buyer Reps - No exceptions.


North Carolina Long Haul Trucking Company
Freight Company
Central North Carolina
N797-BS
$ 1,300,000
$ 2,834,477
$ 2,834,477

This family run business, is well established and is 48 years old, located in central North Carolina is a special niche trucking firm. Specializing in but not limited to furniture hauling and dry van services. It is considered long haul. It consists of 12 drivers, there are no teams. They have 11 tractors and 49 trailers of which nine are refrigeration.  All rolling stock is paid for in full. With overhauls being as old as November of 2011 to newest late July of 2019. The trucks average about 150,000 miles per year or so. The Trucking company runs from North Carolina all the way to California. The family has it priced to sell and they are motivated. There are photos of the yard and trucks & trailers, only after all paperwork is filed with our office.


Metal Fabricator & Industrial Field Services
Mfg-Fabrication
Orangeburg
N798-BL
$ Undisclosed
$ 8,202,129
$ 1,321,915

This 30 year old company caters to large industrial manufacturing plants and provides on-site field services like millwright, welding, fabrication, machining, etc. Another 40% of their work is fabricated at their 45,000 SF manufacturing facility which allows for large fabrication as they have 30 ton overhead crane capacity. There is a large fleet of vehicles the employees use for getting to job sites including Steel Mills, Power Plants, Paper Mills, Mining/Cement Mills and other general industry. 60% of their business is done with their top 6 customers with the two largest accounting for just 14% of sales each. They can work on special designed equipment, re-design or provide a complete set "As Built" drawings. Sales in 2018 were $9,272,801 with over $1,500,000 of adjusted earnings. Sales in 2019 and 2017 were $8.2 Million with adjusted earnings of just over $1 Million each year. There are a total of 45 employees all of which have strong skill sets. The owner is ready to retire but will provide a long training and transition period for a buyer. There is no formal asking price but the owner hopes to get close to a 4.5 to 5 multiple on the business. There is also a preference to sell the real estate.


Tool & Die, Metal Stamping & Remanufacturing
Machine Shop/Metal
Greenville
N799-BL
$ Undisclosed
$ 8,202,129
$ 1,321,915

This Tool & Die business offers a number of services outside of design and building fixtures and special machines as they also have Metal Stamping up to 600 tons, CNC turning & milling, Welding & Fabrication, Design & Engineering, Re-Manufacturing Services for industrial pumps.


 


Customers with revenues in various industries include: $2.9 M in re-building industrial pumps, $1.4M Outdoor Power, $1.2M HVAC, $1.1M Aerospace, $500,000 Electrical, $300,000 Vending and $100,000 Railroad. There was also $4.5 Million in sales related to Press & Stamping.


 


The facility is 70,000 SF with another 30,000 SF leased space for re-mfg.


 


The business has been established almost 40 years and they are a "C" Corporation - as a result the Seller hopes to do a sale of the stock. There are several minority partners in key roles with the operations manager being one of them that is willing to stay several more years. Plant utilization is currently only at about 35%.


 


Fiscal year end September 30, 2019 had revenues of $12,325,470 with over $2 Million in adjusted earnings. With the Covid 19 situation, sales are expected to be just under $10 Million with a low 7 figure cash flow. The business is mostly debt free and they did accept a $819,300 PPP Loan.


 


The majority owner is in his late 60's and is mostly an absentee owner who also owns the real estate. It can be purchased or leased for $20,000 per month with an estimated value of approximately $2 Million. One customer has sales of just under $3 Million with the next two largest customers at about $1M each. There are about 10 other customers with revenue in the $200k to $900k and many other smaller customers. Current product mix is 18% Die Builds, 38% Stamping, 11% CNC Machining, 7% Special Machines, 25% Industrial Pump rebuilds. The plant location is ideal as it is close to numerous Fortune 500 companies within a 100 mile radius.


There is no formal asking price but ideally the Seller would like $6 Million for the stock of the company on a debt free basis plus about $2M in assumption of long term debt to the owner which can be negotiated on terms. The real estate is optional. 


Cuban American Cafe in Historic Area
Specialty Restaurant
St Augustine
N800-BL
$ 180,000
$ 380,000
$ 88,000

This Cuban American Cafe and Restaurant has been in business for 14 years. It is located in the historic district of St. Augustine, FL. They are open for breakfast and lunch through the week and weekends, but also offer dinners on weekends.


They have an excellent location on St. Augustine's oldest street. This small but cozy location has 900 SF but has 14 tables inside plus 3 outside tables. The lease costs $1,767 per month. The menu offers a wide variety of meals without too much complexity as there is a limited kitchen. The main cook has been employed 8 years. They have an excellent reputation for great food and service.


Machine Job Shop with Successful Product Line
Machine Shop/Metal
St Augustine
N801-BL
$ Undisclosed
$ 380,000
$ 88,000

This Machine Job Shop was started as a result of seeing a need to offer precision machining services to area industries. Since its first year of business, it has grown from a 500 sq. ft. leased building with 2 C.N.C. machining centers to its current modern 10,000 sq. ft. facility. The shop consists of 14 C.N.C. machining centers, a full manual shop, and a full complement of inspection equipment.


 


The growth of this company is the result of sound management decisions and policies with dedicated employees who believe in manufacturing excellence. Our main objective is to help manufacturing companies meet their customer needs by supplying high quality machined goods in a timely manner.


Educational Services Online - Proprietary Software
Education/Publishing
Jacksonville, FL
N802-BL
$ 5,900,000
$ 2,200,000
$ 1,000,000

This educational services company has been established for over 20 years. However, they recently developed their own proprietary software which will enable them to offer their products to a huge amount of new customers that they were unable to do previously. The company did not have the software in place in 2019 yet they still had approximately $1 Million in adjusted earnings for the year on just over $2 Million in total revenue. This software will allow them to make offer their services to most of the states in the USA s they now only service 4 or 5. The owner is in his 70's and is ready to retire. The ideal buyer would be another software company or a company that already sells educational services. Previous sales with governmental agencies would also be a plus, but this is not their sole source of sales. No additional information can be shared until a Confidentiality Agreement is executed. No Brokers, No Buyer Reps, No Exceptions - Principal Buyers Only.


Industrial Products Distributor with Retail
Dist-Industrial Prod
Gastonia, NC
N803-BL
$ 2,000,000
$ 4,559,543
$ 591,000

This family owned business has been in business for decades. They have an excellent reputation and strong customer base with a skilled set of employees. Product sales are a wide mix ranging from bearings, belts, gauges, hydraulic hoses, seals, pumps, tubing and valves. Their products come from some of the manufacturers. Most sales are within a 2 hour radius to customers.


The staff is well versed and can always assist the customer with their needs. The owner has several locations in mind if a buyer should want to grow the company as he feels this could easily be done. He wants to retire so this is not something he plans to explore.


Equipment & Parts Manufacturer
Mfg-Equipment
Greer
N804-BL
$ 1,500,000
$ 2,650,000
$

This very established beverage equipment manufacturer has been in business for decades. Their equipment is located in plants all over the world with some of the customers being large corporations for soft drinks, beer, water, juice, energy drink, wine and non-carbonated.


The company's sales are a mix of selling new equipment, re-furbishing old equipment and selling parts and service. The owner is currently absentee and has been so for a number of years. Sales have been down some during the CoronaVirus Pandemic to about $150,000 per month running mostly at a break even for 2020. Cash flow has traditionally been between 10 and 20% of sales depending on the mix of sales in any given year.


This business would be a great fit for someone with an engineering and sales background. The business is located in a very favorable place to live in the Southeast. The owner is willing to sell or lease the real estate.


Material Handling Equipment & Systems Manufacturer
Mfg-Equipment
Greensboro
N805-BL
$ Undisclosed
$ 5,000,000
$ 500,000

Industrial Manufacturing Plants - mostly for the building and construction industry that process various natural raw materials. Their largest concentration is in clay brick manufacturing plants where they dominate the industry throughout the USA with over 50% of the market share. They also sell internationally. Some other industries served include lumber sorting machines, recycling systems, feeders and conveyors.


Industries Served:
- Brick Manufacturing (with product lines)
- Bulk Materials Handling
- Automation & Robotics
- Structural Steel


The corporate entity owns one of the two buildings and since the business is being offered as a stock sale, this building would be included in the sale while it is possible to also purchase the other building. Also available and optional is an adjacent Steel Fabrication Facility. This used to be used as a steel service center, but is now just used for the needs of the company - thus it is under-utilized.


Stock Sale Only at the request of the Seller for tax reasons. The Seller will provide indemnifications as needed to Buyer.


There is currently No Formal Asking Price – Sellers are actively soliciting offers and are sincere in selling at a fair and reasonable price and terms. There is $0 long term debt and just normalized accounts payables in the company. There is a chance some of the family members would consider retaining a minority ownership in the company going forward.


Additional Information - contact the listing broker, Bill Law at 904-819-6930 or cell 704-904-6624 or email bill@sunbeltbrokers.biz


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Southern Mergers & Acquisitions, a Charlotte Business Broker / Business For Sale Charlotte NC

19520 West Catawba Avenue, Suite 111 A, Cornelius, North Carolina 28031 | 704-897-8232

Sell Charlotte Business | Sell Carolina Manufacturing Business | Sell Carolina CNC Machining Business | Sell Charlotte HVAC Business