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Mississippi Business For Sale |
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| PATENTED EYE WEAR MANUFACTURER |
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| Attn: Broker |
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| Not Disclosed, MS, USA |
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| Asking Price: |
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$1,500,000 USD USA Dollars |
| Business for Sale Industry: |
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Manufacturing: Clothing, Jewelry |
| Reason for Selling: |
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retirement |
| Year Established: |
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1996 |
| # of Employees: |
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9 |
| Yearly Revenues: |
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$257,370 |
| Yearly EBITDA: |
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$109,301 |
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Business for Sale Overview:
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In 1996, this eyewear manufacturer and distributor was established to produce and market eyewear for several different specialized markets. The current ownership of the company acquired the operations in late 2000, and has successfully grown the business to be a leader in the industry of camouflage eyewear. Revenues generated by the business have increased each year. At this point in time, the owners of the company wish to sell 75% of the outstanding shares of stock of the corporation so that this growth trend can continue. Personal health issues and approaching retirement years are additional motivating forces behind this proposed transaction. This profitable company manufacturers and distributes camouflage eyewear under a protected patent. The ownership of this patent is to be included in this transaction. Eyewear of this type are in particular demand by sportsmen and specialized military personnel who understand the need to conceal the movements of the human eye to hide completely from approaching animals and other foes. Coverage of the human eye with a camouflage is important so that the movement of the eye will not give away a person’s position.Gander Mountain is one of the major accounts.
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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