Business For Sale Listing 141622
Manufacturing/Plastic Fabrication
Status as of Oct-5-2008 at 06:01 PM: Active
Business Summary
This 17 year-old established company manufactures a unique product line (3000+ different units) that is a desired accessory by hobbyists in a mature but expanding industry embraced by 'boomers'. The company's owners are well-funded, successful inventors. This product is marketed nationally and internationally through distributors and retailers. The company also does private label manufacturing for many large internationally known companies.
There is little to no direct competition for an exact product match. The competitive products in a similar category are up to 200 percent more costly and provide far less functionality and thus are less desirable. An aggressive two-person outside sales team could increase sales appreciably when used in conjunction with a more vigorous magazine advertising program utilizing hobby specific publications.
The facility is ideal for the manufacture of the specialty items produced with plenty of room for growth in the future. Real property is not included in the sale; however, the current owners are willing to negotiate an acceptable lease based on the expense guidelines of the third party appraisal procured by the owners prior to the sale of the business. The owners will provide 4 wks. training for the new entering party, be available for consultations during a transition period, & will sign a non-complete document.
Who should inquire about this business? Those with a background in plastic fabrication/manufacturing, sales and who also have a management background. You should have cash of at least $138,000.00 for downpayment funds and working capital. The Buyer will need excellent credit to qualify to third party loans for the majority of the purchase price. The Seller may provide limited Seller financing. Please see our website for more information.
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million ($1,411,199) |
| Profits: |
Between $100 Thousand and $500 Thousand ($371,835) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $1 Million and $2.5 Million ($1,380,000) |
