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Business For Sale

GLOBAL INDUSTRIAL TAPES

Attn: John Boswell
Southern Connecticut , CT, USA
Listing #: 25861639
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Asking Price: $3,200,000 USD USA Dollars
Business for Sale Industry: Wholesale/Distribution: Durable Goods  
Reason for Selling: Retirement of seller.
Year Established: 1988
# of Employees: 3
Yearly Revenues: $5,700,000
Yearly Net Profit: $600,000
Monthly Payroll: $10,000
Total Debt: $800000
 

Business for Sale Overview:

Unique 20 year old business with 3 employees and no inventory averaging $5.5 mil in sales the last 3 years, selling into the overseas market for industrial adhesive tapes. Full-line Adhesive Tapes Exporter/Distributor for industrial use: masking, duct, filament, polyester, polymaride,glass cloth, high bond acrylic. Other lines of business include specialty graphics films, reflective, photo luminescent, metalized pvc and polyester. This business operates with a small staff and no inventory with a very low lease expense. This business can possibly be relocated to existing business or location of buyer. The business has a long history of quality service and value to customers and is benefiting from the low dollar exchange rate to increase business. The company has shown stable revenue in the 5.5 mil range for the last 3 years. Established 1988.


Property Features and Assets:

1,500 sq. ft. facility with $1200/month lease expense, with 10 years remaining on lease.


Market Competition and Expansion:

The company is known for quality service and focuses on overseas market. The company founders visit each customer annually.


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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