#1196 - 27-Year-Old Manufacturing Co in Newark, DE

Newark, DE
New Castle County

Asking Price: Annual Revenue:
$2,000,000 $2,875,000

Manufacturing: Non-classifiable

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RE: #1196 - 27-Year-Old Manufacturing Co in Newark, DE Broker: Benjamin Ross Group

Quick Facts

Asking Price: $2,000,000
Annual Revenue: $2,875,000
Net Profit: Not Disclosed
Cash Flow: $640,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 4976342
Broker Reference #: #1196

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Business Overview:

A 27 year old manufacturing company in Newark, Delaware is for sale. Revenue has increased each year over the last 4 years, even during and after Covid. So far in 2022, the revenue is 30% above the previous year. For a qualified buyer, this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $207,000 as a down payment, and based on historical data, would make $348,000 in the first year after paying back the loan. The bank financing includes a line of credit which can be used as working capital.

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Reason for Selling:

Owner looking to retire.

Additional Details:

  • The property is leased.
  • 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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