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Business For Sale
MANUFACTURING - #5648
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Asking Price: |
$1,125,000
USD USA Dollars
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Business for Sale Industry: |
Manufacturing: Non-classifiable
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Reason for Selling:
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Retirement |
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Year Established:
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1929 |
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# of Employees:
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45FT |
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Yearly Revenues:
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$1,644,358 |
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Yearly Cash Flow:
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$306,249 |
Business for Sale Overview:
MANUFACTURING: This business was established in 1929. It has operated continuously until the present, but the product changed to woven, hard – bottom, wooden, bushel baskets for packing vegetables. Eventually the fresh seafood and bait industry discovered these baskets, and now they are the main customers for these products. Baskets for vegetables remain a smaller part of the customer base. Customers range up and down the Eastern seaboard and out to Texas via the gulf. The owner started working at the business in 1954 and bought it in 1999. This is a simple business and current owner will thoroughly train the new owner. Located in the Southeastern USA. There are no harsh winters here. The business is close to the ocean and there are so many wonderful golfing options. Current owner nets over $306,000.
Property Features and Assets:
Real Estate: $225,000 Included in asking price.
Furniture, Fixtures and Equipment: $379,063 Included in asking price.
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 resale opportunity.
- This is not a distressed business or bankruptcy situation.
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