Business For Sale

Midwest Manufacturing Company

Not Disclosed, NE


Asking Price: Annual Revenue:
$850,000 $1,722,416

Manufacturing: Non-classifiable


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RE: Midwest Manufacturing Company Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $850,000 12.5% Buyer Down Payment: $106,250 12.5% Seller Financing: $106,250 75% Bank Loan: $637,500 A 12.5% down payment of $106,250 returns $94,651 in the first year after debt payments!

Quick Facts

Asking Price: $850,000
Annual Revenue: $1,722,416
Net Profit: Not Disclosed
Cash Flow: $218,953
Total Debt: Not Disclosed
FF&E: $458,667
Real Estate: Not Disclosed
Year Established: 2006
Employees: 11
BBN Listing #: 789734398
Broker Reference #: MAN002

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Business Overview:

The products are manufactured at their Nebraska plant and distributed across North America. Sales and management staff are in place and are equipped to handle operations. Over 50% of sales are throughout retail stores, with the majority of the remaining sales made up through direct sales to feedlots and cow/calf operations. No one customer/distributor makes up more than 10% of sales, and this company is the exclusive distributor for the largest rodeo equipment manufacturer in the world!

If you are looking for the most effective water tank in North America, then look no further than the tanks produced by this company! With a proprietary concrete formulation of 9,000 PSI, this business has carved a niche in the market for feedlots, cow/calf operations, zoos, and oil fields looking for a superior, hardy product to water their animals.

Proprietary products are used by both large and small operations, making it the most effective water tank in North America. A new buyer assumes ownership of concrete forms, tools, equipment, inventory, A/R, trademarks and vehicles totaling over $1.1M – allowing the bank loan to be fully collateralized! Seller is willing to train for up to 2 years (if desired) to ensure a smooth transition.

Years in Business: 12 Years
Location: Nebraska
Service Area: More than 600 US retailers
Clients: Sold direct to feedlots, cattle ranches, zoos, oil fields, hundreds of retail locations
Reason for Selling: Retirement
Employees: 11: Office Manager, Logistics Coordinator, Office Clerk, Sales, Tech, Supervisors (2), Laborer (4)
Seller Training Period: Seller will train and transition for up to 2 years if desired by the buyer
Growth Opportunities: Batch at facility to eliminate cement trucks. The current owners have a 10-year vision that they are willing to share!
Current Owner’s Responsibilities: Management, accounting and marketing.

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Reason for Selling:

Retirement

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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