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Business For Sale

MANUFACTURERS OF LOCKING DEVICES

Attn: Pat/Marshall
Henderson/Las Vegas area, NV, USA
Listing Number: "281561"
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Asking Price: $2,750,000 USD USA Dollars
Business for Sale Industry: Manufacturing: Metal Products  
Reason for Selling: Retiring.
Year Established: 1992
# of Employees: 6
Yearly Gross Income: $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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