Business for Sale Overview:
Sale Pending: This business manufactures custom gaskets, distributes stock gaskets & seals, performs CNC maching, and has capabilities to perform urethane molding. Business has been in existence for 17 years, has a strong customer base, a significant percentage of the top ten accounts have been with the company since its inception. Great opportunity for an existing manufacturer acquire a competitor and establish a presence in the Midwest. Good opportunity for sale-minded person with manufacturing experience to become entrepreneur.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The building is available for sale @ $1,200,000. Realizing the buyer may want to relocate the business to a buyer with an existing facility, the seller is willing to lease the building on a short term basis for a minimal lease term of 12 months. A longer term is available if so desired.
Support/Training: The seller is willing to provide 5 weeks of training at no cost to the buyer. Seller is willing to stay on in an advisory capacity, part-time, for a year or two at a negotiated rate
Market Competition and Expansion:
Competition: Business manufactures custom gaskets, distributes stock gaskets and sealing products and does cnc machining of rubber, plastic, and steel for its customers. There are a number of competitors in the area but this business has accounts across the US.
Growth/Expansion: Business could be developed with more resources devoted to sales reps.
Reason for Selling:
Wants to retire.
Additional Details:
- The property is owned.
- The owner is willing to train/assist 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.
Resources: