This small specialty manufacturer is in the unique position of having no competition here in the US. The current owner established the company in 1981. The company is now a vital supplier to several hundred companies throughout North America. Many of them have been with the company for more than 25 years. This could be a tremendous opportunity for a local small to mid-sized manufacturing company. An entrepreneurial individual will be considered case-by-case. For more information email:
- Asking Price:
- $1,550,000 Inventory / Stock included
- Sales Revenue:
- $2,132,000
- Cash Flow:
- $359,000
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$126,000 per annum
- Premises Details:
-
The manufacturing plant is 12,500 sq ft with 1,600 sq ft of office space.
- Size in square feet:
- 12,500
Business Operation
- Expansion Potential:
-
The company has operated for decades with excellent margins and consistent revenue. The Company has recovered very well from the effects of the Corona Virus in 2020 which resulted in substantial increases in revenue and profit for 2021.
- Reasons for selling:
-
Retirement
- Trading hours:
-
Monday-Friday 9 am - 5 pm
- Employees:
- 9
- Years established:
- 40
Other Information
- Support & training:
-
The owner will remain on a part-time basis at the pleasure of the new owner.
- Financing available:
-
There is some seller financing available to qualified buyers.
- Furniture / Fixtures value:
- $500,000
- Inventory / Stock value:
- $500,000 - included in the asking price
- Relocatable:
- This business can be relocated.
