Manufacturing of Textiles

Not Disclosed, OH

Asking Price: Annual Revenue:
$2,400,000 $3,571,168

Manufacturing: Non-classifiable

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RE: Manufacturing of Textiles Broker: William Iigenfritz

Quick Facts

Asking Price: $2,400,000
Annual Revenue: $3,571,168
Net Profit: Not Disclosed
Cash Flow: $839,035
Total Debt: Not Disclosed
FF&E: $980,000
Real Estate: Not Disclosed
Year Established: 1922
Employees: 17
BBN Listing #: 14794955
Broker Reference #: 2603-15074

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Business Overview:

This business specializes in wax and resin coatings for industrial textiles. In addition, it provides various other coatings such as PVC, acrylic and silicone coatings for industrial fabrics and has provided adhesives and other specialty coatings to military and commercial clients. Their products are utilized in the military, agricultural, construction and recreation industries.

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Property Features and Assets:

This business is located in a commercial space. There is free and ample parking and it is located in a main part of the town in which it is located. There is office, warehouse and production space utilized by this business. Assets=$1,380,000

Market Competition and Expansion:

The current marketing plan includes promotion of the business at trade shows and through the website. There is potential for growth in areas such as developing a relationship with an overseas supplier/textile producer.

Reason for Selling:

Family not interested in continuing

Additional Details:

  • The property is owned.
  • 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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