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RE:  Profitable Foam Manufacturer In The Southeast Contact:  Carl J Kuby

Quick Facts

Asking Price: $0
Annual Revenue: $7,800,000
Net Profit: Not Disclosed
Cash Flow: $2,000,000
Total Debt: Not Disclosed
FF&E: $750,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 30
BBN Listing #: 598210813
Broker Reference #: 26870

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Business Overview:

Company is a polyurethane foam and fiber manufacturer for cushions and bedding products for the furniture industry. Company has approximately 30 employees, including the owner and generated $7.8 million in annual sales with $2,000,000 in owner’s discretionary cash flow (26% of sales). In business for over 30 years. Long-term customer relationship. Owner desires to sell the business and the real estate. Purchase Price: OPEN to offers

NAICS CODES:238310, 326140, 326150 and 337910
SIC CODES: 2515 and 3086

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Property Features and Assets:

Over 60,000 square feet on 8 acres. Real state to be sold with the company, under a separate transaction. Estimated value $3,000,000. Business and real estate to be sold together.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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