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Business For Sale
CUSTOM PLASTICS FABRICATOR
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Asking Price: |
$1,025,000
USD USA Dollars
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Business for Sale Industry: |
Manufacturing: Plastics
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Reason for Selling:
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One of the two partners is retiring |
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Year Established:
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1991 |
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# of Employees:
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2 |
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Yearly Revenues:
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$829,000 |
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Yearly Cash Flow:
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$325,000 |
Business for Sale Overview:
The company has excellent gross profit (57%) and cash flow (39% of sales). Sales efforts to date have not been extensive. The existing space can support significant additional volume - even without expanding to the other floors. Equipment and inventory requirements are low. The company has a stable full-time work force and part-time labor to meet seasonal demands. Much of labor force is drawn from the local neighborhood or can use public transportation. All these factors provide for a superior opportunity for growth and profits.
The building, which is also for sale, is in good condition, is well situated and has stable, long-time tenants.
Property Features and Assets:
Building is owned and is also available for sale. Business occupies 7,200 square feet on the first floor. Second floor and basement leased to long-time tenants. Loading dock and large freight elevator. Close to major Interstates and public transportation. Labor force drawn from the local neighborhood.
Additional Details:
- The property is owned.
- 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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