Buying a manufacturing business in Space Coast and Volusia
Space Coast and Volusia has 60 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, 77% have been in business 20 years or more. Most will never be listed for sale, and many of their owners have never been asked.
What it takes to own one
Manufacturing businesses in Space Coast and Volusia 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.
- Earns about
- $143,000 a year
- Price about
- $471,000
- Your cash
- $66,000
- Could pay you
- up to $58,000 a year
- Earns about
- $476,000 a year
- Price about
- $1.6 million
- Your cash
- $220,000
- Could pay you
- up to $193,000 a year
- Earns about
- $706,000 a year
- Price about
- $2.3 million
- Your cash
- $326,000
- Could pay you
- up to $286,000 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 business | Companies |
|---|---|
| Under 20 years | 14 |
| 20 to 29 years | 26 |
| 30 to 39 years | 14 |
| 40 years or more | 6 |
| Estimated yearly revenue | Companies |
|---|---|
| Under $1M | 15 |
| $1M to $2M | 3 |
| $2M to $4M | 7 |
| $4M to $8M | 4 |
| Over $8M | 1 |
| County | Companies |
|---|---|
| Brevard | 30 |
| Volusia | 29 |
| Other counties | 1 |
| Town | Companies |
|---|---|
| Deland | 8 |
| Melbourne | 8 |
| Ormond Beach | 5 |
| Port Orange | 5 |
| Rockledge | 5 |
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 Space Coast and Volusia
The local economy
This region covers Brevard, Volusia and Flagler counties: Melbourne, Palm Bay, Titusville, Cocoa, Cocoa Beach, Merritt Island, Daytona Beach, Port Orange, Ormond Beach, DeLand, Deltona, New Smyrna Beach and Palm Coast. Brevard's economy is built around space. Rockets launch often from Kennedy Space Center and Cape Canaveral Space Force Station, and aerospace and defense manufacturers and their suppliers employ engineers, technicians and machinists across the county. Port Canaveral is a major cruise port.
Volusia depends more on tourism, beaches and big events, with Daytona's motorsports and motorcycle rallies drawing crowds. Health care and a large retired population matter too. Flagler County, around Palm Coast, is mostly residential. Machine shops, electrical and engineering firms, home service companies, marine businesses and restaurants all have a place here.
What's different about owning a company here
Brevard's fortunes follow the space and defense programs. A company that sells to aerospace firms should be able to show you how many customers it depends on and how secure their work is. Business in Volusia spikes around big events and the winter season, so look at revenue by month.
The whole coast faces storm risk. In 2022, Hurricane Ian brought flooding to much of Volusia, and Hurricane Nicole, which came ashore near Vero Beach six weeks later, washed away beaches and seawalls along the Volusia coast. Beachfront property needs careful insurance and structural checks. The Indian River Lagoon and the St. Johns River make boating and fishing part of daily life, which keeps the marine trades busy. Palm Coast and the Palm Bay area have added many new homes, and companies serving those areas have grown with them.
Manufacturing businesses in other regions
- South Florida (236)
- Tampa Bay (110)
- Orlando and Central Florida (91)
- Jacksonville and Northeast Florida (57)
- Southwest Florida (95)
- Treasure Coast (48)
- Panhandle and North Florida (69)