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Buying a manufacturing business in Jacksonville and Northeast Florida

Jacksonville and Northeast Florida has 57 established manufacturing businesses by our count: companies in business at least 15 years that still file with the state every year and aren't part of a larger group. Of those, 74% have been in business 20 years or more. Most will never be listed for sale, and many of their owners have never been asked.

57
established companies
74%
built over 20+ years
$542k+
a year, earned by the top quarter
35%
built over 30+ years

What it takes to own one

Manufacturing businesses in Jacksonville and Northeast Florida come in every size. Here's what owning one could look like at three levels, from a solid company to one of the leaders, with a small business loan covering most of the price.

A solid company
Earns about
$293,000 a year
Price about
$967,000
Your cash
$135,000
Could pay you
up to $119,000 a year
A strong company
Top quarter in Jacksonville and Northeast Florida
Earns about
$542,000 a year
Price about
$1.8 million
Your cash
$251,000
Could pay you
up to $220,000 a year

Earnings are owner earnings: profit plus what the owner pays themselves, before loan payments and taxes. They and the prices are our estimates from public records, not the owners' figures, and we value companies like these at about 3.3 times a year's owner earnings. Your cash covers the down payment and closing costs, and what the business could pay you is what's left after the loan payments and the cushion lenders require. The more cash you bring, the further up you can go.

Age, size and location

Revenue is our estimate from public records, grouped into wide ranges.

In businessCompanies
Under 20 years15
20 to 29 years22
30 to 39 years11
40 years or more9
Estimated yearly revenueCompanies
Under $1M10
$1M to $2M6
$2M to $4M9
$4M to $8M2
Over $8M5
CountyCompanies
Duval36
St. Johns12
Clay6
Other counties3
TownCompanies
Jacksonville36

What the best manufacturing businesses have in common

  • Products the company owns, with registered trademarks and documented designs that competitors can't easily copy.
  • Several sales channels, so one retailer or marketplace can't sink the business by changing its terms.
  • Steady reorders from long-standing accounts, and a few products that sell year after year without redesign.
  • A known cost for each product, with prices that cover it after shipping and returns.
  • Equipment and tooling that the company owns and maintains, including molds and dies kept at suppliers.
  • Backup suppliers for key materials and parts.
  • Production that runs without the owner on the floor.
  • A customer email list and reviews that keep selling without constant advertising.

What to check before you buy

  • Sales by product, channel and customer for three years. Trends matter: a product line that peaked two years ago may still be carrying today's numbers.
  • Gross margin by product: what's left after materials, labor, shipping and returns.
  • Trademarks, patents, domain names and marketplace accounts registered to the company. Marketplace accounts can be hard to transfer, so check each platform's rules.
  • Product liability insurance and any claims, recalls or safety complaints.
  • The equipment list and its condition, and tooling kept at suppliers, with proof the company owns it.
  • Retailer agreements: chargebacks, return rights and payment terms.
  • An inventory count, with slow-moving stock valued realistically.
  • Test reports and certificates for products that need them.

Questions to ask the owner

  • Which products make most of the profit?
  • Who are your largest customers, and how long have they been buying from you?
  • Does the company own the trademarks and designs?
  • What's your backup if a key supplier can't deliver?
  • Have you had any recalls, injuries or complaints about your products?
  • How much do you spend on advertising for online sales?
  • Who could run production if you stepped away?

To learn what these companies do, which licenses they need and how ownership works, read our full guide to buying a manufacturing business in Florida.

Owning a company in Jacksonville and Northeast Florida

The local economy

This region covers Duval, St. Johns, Clay, Nassau, Baker and Putnam counties: Jacksonville, Jacksonville Beach, St. Augustine, Ponte Vedra Beach, Orange Park, Fleming Island, Green Cove Springs, Fernandina Beach, Yulee, Macclenny and Palatka. Jacksonville merged with most of Duval County in 1968, which makes it the largest city by land area in the lower 48 states.

The economy leans on logistics, the Navy and financial services. Logistics runs through JAXPORT, major rail lines and the meeting of Interstates 95 and 10. The Navy has Naval Air Station Jacksonville and Naval Station Mayport. Insurance and health care matter too. St. Augustine, founded by the Spanish in 1565, and Amelia Island draw steady tourism. Trucking and logistics firms, the building trades, medical practices and home services all fit this market.

What's different about owning a company here

Northeast Florida is less seasonal than South or Southwest Florida, with fewer winter residents and more year-round employers. Direct hurricane landfalls have been less common here than on other parts of the coast, but storms still bring flooding along the St. Johns River and the beaches, so check insurance costs and flood zones.

Military families bring skilled workers and working spouses into the labor pool, though they also move on when orders change. St. Johns, Clay and Nassau have added the most new homes, and companies serving those suburbs have grown with them. Georgia is close, and some companies here serve customers across the state line. Work in Georgia may need Georgia licenses, so ask how much revenue comes from there and who holds those licenses.

Manufacturing businesses in other regions

Similar businesses in Jacksonville and Northeast Florida