Profitable Foam Manufacturer in the Southeast

Not Disclosed, AL


Asking Price: Annual Revenue:
$8,000,000 $10,200,000

Manufacturing: Plastics


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RE: Profitable Foam Manufacturer in the Southeast Broker: Carl J Kuby

Quick Facts

Asking Price: $8,000,000
Annual Revenue: $10,200,000
Net Profit: Not Disclosed
Cash Flow: $1,700,000
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 generates $10 million in annual sales with $1,700,000 in owner’s discretionary cash flow (23% of sales). In business for over 30 years. Long-term customer relationship. Owner desires to sell the business and the real estate.
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. No included in the $8,000,000 asking price of the business.

Reason for Selling:

Retirement

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.

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