Seller's Contact Information
- RE: Niche Service Manufacturer With Real Estate
- Contact: Ken Stein
Quick Facts
Asking Price: | $7,500,000 | |
Annual Revenue: | $3,200,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,050,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $4,900,000 | |
Year Established: | 1970 | |
Employees: | 19 | |
BBN Listing #: | 82474701 | |
Broker Reference #: | 14653 |
Business Overview:
This business and property represent an opportunity to take solid control of your financial future. On the one hand, acquire a highly profitable 50-year-old business with huge barriers to entry and plenty of growth potential. On the other, acquire the cash flow of $1M positive real estate property that the business operates out of which is also available for purchase. The property has multiple tenants in addition to the niche manufacturing business and is a solid investment. Combining the real estate and the business gives a new owner all the options available to them; space to expand if they choose to grow as well as control of their own rent destiny, since they will own the property.
The business has proven itself to be recession and Covid resistant with over 150 active clients without any customer concentration. In fact, the Company does little to NO Marketing; business comes to them from the many years of quality service and they turn away low-margin business. The current owner is looking to retire and will teach and train the new owner in every aspect of running this successful business. An extended transition can also be discussed and negotiated. The company is fully operational with trained staff, all necessary equipment, inventory, and plenty of work in progress. Please note that the business will be shown ONLY to qualified candidates. Please ask about listing #14653 when inquiring about this opportunity.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
Retiring
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
Here are some of the similar listings you can choose from
OPEN TO ALL OFFERS - Small Tool and Die Shop
OPEN TO ALL OFFERS - Small Tool and Die Shop. This is a small tool and die shop focused on tooling for metal stamping. Customers include automobile and HVAC manufacturers.