Wednesday, January 22, 2020

MODULAR BUILDING MANUFACTURER FOR SALE

Seeking sale of modular residential and commercial manufacturing business.

Annual revenue peaked at $18mm. With current product offerings and recently modernized facility, management is confident that revenue of over $50mm is attainable if properly capitalized. Average per modular revenue of $35-40k. Production capacity of up to one module per hour.


Overview
  • Offsite construction / modular building component manufacturer serving the Southeast and Mid-Atlantic markets
  • Reached 1 module every 2 hours prior to the 2008 Recession
  • 115,274 sq. ft. Manufacturing Facility on 53+ Acres
  • Non-Union Employee Base – Great labor potential in the area

Highlights
  • Innovative product offering with a compelling customer value proposition.
  • Ample manufacturing capability at its facility – capacity to exceed $50 million annual revenue based on a single shift.
  • Experienced management team

Assets Include
  • Substantially all assets: Real estate, M&E, Inventory, AR, Contracts, Intellectual property including existing designs and multiple state pre-approvals

Contact:
Equity Partners, a division of SC&H Capital
Debbie Beall
Ph: (443) 951-4854


Accelerated sale process is underway. Bids due in early February.

Offered by authority of the US Bankruptcy Court, Eastern District of Virginia,
Case #: 19-36275-KRH.

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