Owner Financing is Available!
Business Overview:
The owner of this very nice business is retiring after a successful 20 year run. Located in a desirable community in West Michigan, the business occupies an attractive 22,000 square foot facility that was constructed expressly for the operation. The business is being offered with a favorable lease; however, the real estate may be purchased separately.
The core business is dedicated to providing manufacturing related support services to a variety of industries. Revenues are consistent and repetitive. The company’s prices are competitive which enabled the business to perform well even in the difficult general economic downturn in 2009-10. The business employs 10 loyal, non-union personnel.
Recently, the business expanded into an unrelated niche market. Quickly, the business gained acceptance and along with it, national sales. The second, newer operation provides remanufacturing and maintenance services to the entertainment and education industries. Both operations are in the same facility, and there is still plenty of opportunity and plant space for growth.
The business cash flows $200,000 annually on revenues of $1.4 million. The list price of $945,000 includes all fixed assets, inventory and goodwill. The seller will carry a seller note for qualified buyers.
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.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.