Sell a Business!
Post a business for sale for as little as $99.95! |
|
|
Mississippi Business For Sale |
|
|
|
| SOUTHEAST NICHE MANUFACTURING |
|
|
|
| Attn: W. Ward Wicht |
|
| Mississippi/Alabama, MS, USA |
|
|
|
|
|
|
| Asking Price: |
|
$400,000 USD USA Dollars |
| Business for Sale Industry: |
|
Manufacturing: Home & Office Products |
| Reason for Selling: |
|
Retirement |
| Year Established: |
|
1985 |
| # of Employees: |
|
14 Full Time |
| Yearly Revenues: |
|
$1,100,000 |
| Yearly Cash Flow: |
|
$100,000 |
|
|
|
|
|
|
Business for Sale Overview:
|
|
Southeast Niche Manufacturing business for sale. Although this manufacturing company has sales over a million, they believe their sales represent less than 2% of the total market. The company serves a growing industry. Major distribution hub in Dallas, Texas. Sales are also strong in Florida. Mississippi, Tennessee, Louisiana, Arkansas, Oklahoma, Georgia, and Alabama also contribute sales, although Texas and Florida sales are highest. Owners believe company could be well served by locating to a central location like Memphis, Tennessee.
Company owns over $200,000 in 26 different molds used in production of a component of the final product. Sale of company also includes manufacturing equipment and delivery trucks. A finished wood cabinet is sometimes distributed with the product. Company also owns the building they are in and would like to sell for $695,000. Owners will consider lease option.
Company has focused on selling to independent stores. Chain stores in this industry sell the majority of the product. Owners have to date rejected overtures by the chain stores to supply their product. Company produces a custom product that represents approximately 30% of their total sales.
Some other characteristics of this manufacturing company:
Defensible market position;
Possessing "value-added" Services;
Participating in a "non-cyclical" market;
Producing a "non-commodity" product;
Employing low cost manufacturing processes.
Biloxi-Gulfport-Pascagoula was named "The South's Top Mid-Sized Market" by Southern Business and Development Magazine. Listed in 2000 Forbes Top 100 Places to Do Business and Money Magazine's "Best Places to Live" surveys. Hattiesburg continues to be ranked as one of the top retirement cities in the United States and boasts a booming post Katrina economy.
Mississippi branch Sunbelt offices are located in Biloxi and Hattiesburg and cover primarily South Mississippi. Cities covered include Gulfport, Biloxi, Pascagoula, Bay St. Louis, Hattiesburg, and Laurel, Mississippi.
|
|
Property Features and Assets:
|
|
17,000 square feet building available for lease or purchase. |
|
|
|
|
|
|
Additional Details:
|
- The property is owned.
- 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.
|
|
|
|
|
|
To contact the seller of this
specific business for sale please complete and submit the following
form.
|
|
|
| Please provide any
additional details: |
|
|
* Indicates required field.
|
|