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Executive Summary

Located in Northeast Florida, this is a full-line manufacturer of round and oval duct products for new and upgraded commercial and industrial construction. Market area includesnine of the top 20 fastest growing large and mid-sized cities in the country with six of those located in Florida and one in Georgia. Their marketing area also includes Alabama and the Carolinas. With new large contracts just being approved, sales levelsare beginning to move upwardagain after a brieflull during the recent season.Forseventeen years this company has built an exceptional reputation that provides a 95% repeat business from established clients.Receivables net of payables, and inventory areincluded in the price. Long-term financing on real estate and equipment at alow fixed ratemay beavailable to a qualified buyer. Owners may consider substantial owner financing as well. Current owners willing to stay on for extended period of time for continued operation of the business during a longer transition period. Owners will lease the real estate to a new buyer unless the buyer wants to purchase the real estate. The real estate will be sold at the currentappraised value. Lease rate to be negotiated.