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Business For Sale
MANUFACTURER- HAND CRAFTED METAL
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Asking Price: |
$225,000
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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Divorce |
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Year Established:
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2004 |
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# of Employees:
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5 Full time & 3 Part Time |
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Yearly Revenues:
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$371,564 |
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Yearly Net Profit:
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$70,000 |
Business for Sale Overview:
Leading Manufacturer of the industry's finest hand crafted metal works prides itself in being more than just a manufacturer. From fine jeweled boxes to beautifully rendered sculptures and miniatures, the company specializes in taking customers ideas and turning them into reality. The financial information is based on 2007 numbers which was a down year due tot he economy but 2008 sales from January-April were $138,000 and on pace to hit $555,000 for the year and the projected cash flow could be in the $90,000 range. The owner has put his 25 years of experience into refining the production techniques and process which allows the company to produce the finest in handmade goods. There is approximately $70,000 of Inventory included in the price.
Property Features and Assets:
Facilities: Located in a small business park with access to the 405 Freeway and several major streets. Rent is $3,750 for 4,500 Square Feet.
Market Competition and Expansion:
The business is poised for growth and sales are up from last year. The company has a very good website and brochure with marketing materials.
Additional Details:
- The property is leased.
- 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.
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