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Business For Sale
MANUFACTURER OF SPECIALTY CONVEYORS B2B
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Asking Price: |
$299,000
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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1963 |
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# of Employees:
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15 |
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Yearly Revenues:
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$1,308,000 |
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Yearly Cash Flow:
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$125,000 |
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Yearly EBITDA:
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$125,000 |
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Yearly Net Profit:
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$125,000 |
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Yearly Gross Income:
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$1,308,000 |
Business for Sale Overview:
The business consists of the manufacturing of all type of conveyors both standard and custom. This 45 year old, well established company, is ready for a new owner with innovative ideas and great marketing skills. The business could easily fit into an existing manufacturing operation. In this scenario, the overhead would be cut in half. Also, moving the business to a lower cost area, would also decrease the overhead by at least 25%. If you have some mechanical skills, and the money to buy this business, this might just be the opportunity you have been looking for. If you are sick of the corporate rat race, looking for a business, and this profile fits you.
Property Features and Assets:
The business is run out of a 16,000 square feet manufacturing space. (You could run this out of a smaller facility, 10,000 to 12,000 square feet). Inventory worth $60,000, and machinery worth $60,000 are included in the selling price.
Market Competition and Expansion:
Competition: There are others in the industry, however, this company has developed a strong well established customer base.
Growth and Expansion: You can grow the business by increasing the sales and marketing efforts.
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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