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Business For Sale

MAUI- CONSUMER PRODUCT MANUFACTURING WITH BUILDING

Attn: Tom Caltrider
Maui, HI, USA
Listing Number: "41020129"
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Asking Price: $650,000 USD USA Dollars
Business for Sale Industry: Manufacturing: Non-classifiable  
Reason for Selling: Owner moving on to new venture.
Year Established: 1994
Yearly Revenues: $519,300
Yearly Cash Flow: $187,100
 

Business for Sale Overview:

The opportunity to buy a business like this Maui based consumer products manufacturing company is one that will not be repeated any time soon. Over its 14 year history, the company has been able to achieve a 1/3 market share because of its excellent market reputation and low cost position. They have only one competitor. If expansion of the manufacturing capacity is desired, it can be done in small increments to reduce capital investment and risk. Most businesses in Hawaii do not own their own property, making this business the rare exception. Included in the $650,000 purchase price is the manufacturing building, recently appraised at $410,000. If financing is a concern, please note that the purchase of this business and building was previously qualified by a national SBA lender for a loan. Assuming a qualified buyer is approved for a SBA loan for 17 years at a prime plus 2.5% rate (currently about 7.5%, variable), the monthly payments on an 80% note would be $4,517.29 per month, or $54,207.47 per year. A few of the great attractions of this business are: 1. There are very few manufacturing businesses on Maui, 2. The competition is limited (only one competitor), 3. Most businesses on Maui are leasehold and do not own their own facility, and 4. Should be easy to finance due to the real property associated with the sale.


Property Features and Assets:

Great opportunity to own a good business and real estate in Maui!


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.

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