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Asking Price:	$1,380,000 USD USA Dollars
Business for Sale Industry:	Manufacturing: Non-classifiable
Reason for Selling:	The owners wish to retire.
Year Established:	1991
# of Employees:	7
Yearly Revenues:	$1,358,713
Yearly Cash Flow:	$366,568

Business for Sale Overview:

This 17 year-old established company manufactures a unique product line (3000+ different units) that is a desired accessory by hobbyists in a mature but expanding industry embraced by ‘boomers’. The company’s owners are well-funded, successful inventors. This product is marketed nationally and internationally through distributors and retailers. The company also does private label manufacturing for many large internationally known companies. This is neither an offer to sell nor a solicitation to sell securities.

Property Features and Assets:

The facility is ideal for the manufacture of the specialty items produced with plenty of room for growth in the future. Real property is not included in the sale; however, the current owners are willing to negotiate an acceptable lease based on the expense guidelines of the third party appraisal procured by the owners prior to the sale of the business.

Market Competition and Expansion:

There is little to no direct competition for an exact product match. The competitive products in a similar category are up to 200 percent more costly and provide far less functionality and thus are less desirable. An aggressive two-person outside sales team could increase sales appreciably when used in conjunction with a more vigorous magazine advertising program utilizing hobby specific publications. A non-disclosure agreement and other financial qualifications are required prior to the disclosure of the business location or other pertinent information about this business.

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.