Light Manufacturing

Not Disclosed, IA
Linn County

Asking Price: Annual Revenue:
$2,000,000 $2,687,664

Manufacturing: Furniture, Fixtures Manufacturing

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RE: Light Manufacturing Broker: Michael Rooney

Quick Facts

Asking Price: $2,000,000
Annual Revenue: $2,687,664
Net Profit: Not Disclosed
Cash Flow: $433,259
Total Debt: Not Disclosed
FF&E: $500,207
Real Estate: Not Disclosed
Year Established: 1970
Employees: 18
BBN Listing #: 98404955
Broker Reference #: 5003-15078

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Business Overview:

The business manufactures and sells industrial and commercial machines for retail products. All the parts for the machines are made and assembled in house. All parts are metal and have made these machines number 1 in quality against its competitors. Additionally the company has a nationwide dealer network.

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Property Features and Assets:

The business is operated out of two buildings. One building is used for machining and the other is used for sales, office and assembly. Buildings are leased at market rate and the owner will offer a short or long term lease. Assets=$1,130,207

Market Competition and Expansion:

The industry continues to see new customers entering into the market. The company has seen steady business year over year. The company ranks in the top half of its competitors in sales along with being number 1 in quality.The successful buyer can further develop the dealer network along with attending additional shows.

Reason for Selling:

Owner is retiring from the business.

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.

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