Good morning. I¹m writing to make you aware of a business opportunity that
>> you may find appealing. This week, we closed the doors on a customer in
>> Orlando who was in default of their lease agreement with us. In most cases,
>> we would simply repossess the equipment and hope that market prices bring us
>> favorable results but this appears to be a different situation. I wonder if
>> you would consider buying this business.
>>
>>
>>
>> The company operated from a 28,000 s.f. facility in Orlando, well positioned
>> between freeways and the Florida turnpike in the middle of Orlando¹s
>> ³beltway². They have 5800 s.f. of showroom space. Over the past couple of
>> years (the business began in 2005), the company had a product mix of 60%
>> granite sales and 40% Cambria sales. What I believe makes this a unique
>> opportunity is the fact that Orlando will soon be the 3rd largest city in
>> America surpassing Chicago. The facilities are beautiful. The fab shop
>> machinery includes two CMS/Brembana Maxima CNC machines, a CMS/Brembana
>> Antea bridge saw, Marmo Meccanica equipment including LCV711, LCT522 and
>> Garbi bridge saw. In addition, the company has three 1-ton jib cranes, one
>> 12-ton jib crane and a 5-ton bridge crane. The facility is fully functional
>> and ready to run I was there yesterday.
>>
>>
>>
>> We are asking a price of $1 million and would finance this purchase over six
>> years at 5%, fixed ($16,100/month). The building facilities could be rented
>> (obviously subject to your negotiation) at between $10 - $15,000 per month.
>> While I am obviously not a fabricator, it appears that fabricating 200 s.f
>> /day would easily service monthly obligations and turn a nice profit.
>>
>>
>>
>> I can provide pictures or any other details to you if you feel this would be
>> an opportunity you would like to explore. Please let me know of your
>> interest as soon as possible.
>>
>>
>>
>>
>>
>>
>>
>> Kevin C. Nash
>>
>> Meccanica Capital Corporation
>>
>> 31567 Ten Mile Road
>>
>> Farmington, MI 48336
>>
>>
>>
>> Direct: 248.381.8105 / Fax: 248.474.5542
>>
>> Toll free: 877.848.4672
>>
>> www.onesourcecapital.com |