Great opportunity to enter or grow in the textile manufacturing industry. "Made In The USA". This well established, multi-generational business is located in a thriving market servicing customers throughout the US. Focusing primarily on the hospitality and healthcare segments, this company has the flexibility to adapt to market conditions as evidence by its 35+ years of success in a competitive industry.Their loyal customer base is involved in high growth industries resulting in a strong pipeline of business for years to come. All employees and managers are in place to insure a smooth transition. The current owners are willing to stay onboard for an unlimited period of time depending on the needs of the buyer. Real Estate is available to qualified buyers!
The business was founded in the 1970's as a small manufacturer of home furnishing products. Over the years the business overcame the challenges of overseas pressure in the textile industry and adapted by changing its product offering and skill set which are preferred by their loyal customer base.
Having survived most of the exporting that occurred in 2000, this company has a unique position in it's industry with very little direct competition.
The current owners are primarily servicing existing customers without a real strategy to acquire new business. Growth opportunities are abundant in E-Commerce, Digital Marketing, Direct Sales Reps, etc.
Metal building with brick front located on 3 acres with paved parking area.
- Asking Price:
- $1,300,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,804,750
- Cash Flow:
- $417,574
Business Operation
- Reasons for selling:
-
Possible Retirement or Delayed Retirement
- Trading hours:
-
M-F 7:30am - 4:30pm
- Employees:
- 35
- Years established:
- 1978
Other Information
- Furniture / Fixtures value:
- $100,000 - included in the asking price
- Inventory / Stock value:
- $5,000 - included in the asking price