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Business For Sale
MANUFACTURERS OF LOCKING DEVICES
Attn:
Pat/Marshall
Henderson/Las Vegas area, NV, USA
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Listing Number: "281561"
Print this
Listing
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Asking Price: |
$2,750,000
USD USA Dollars
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Business for Sale Industry: |
Manufacturing: Metal Products
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Reason for Selling:
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Retiring. |
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Year Established:
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1992 |
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# of Employees:
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6 |
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Yearly Gross Income:
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$1,400,000 |
Business for Sale Overview:
The price has been reduced from $3,500,000 to $2,750,000. All written offers will be considered!
Manufacturers and distributors of unique Hi security locking devices for many major national/international retail chain stores in addition to hundreds of other retail customers. The sale of this business is Strictly Confidential. Included in the sale is fixtures & equipment valued at $596,880, and $253,340 in saleable inventory at cost. Additional information will only be provided to serious qualified buyers.
Property Features and Assets:
They utilize 5,000 sq.ft. of a much larger facility with is shared with 2 other businesses owned by the seller. Area rent is $4,400 a month. 4 years left on the lease with a 5 year option.
Market Competition and Expansion:
As they are manufacturers of a line of specialty locking devices there would be minimal competition. Other related product lines could be added.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be 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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