Seller's Contact Information
- RE: Profitable Growing Rubber Products Manufacturer
- Contact: Jim Eshleman
Quick Facts
| Asking Price: | $2,400,000 | |
| Annual Revenue: | $3,110,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $398,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $300,000 | |
| Real Estate: | $1,675,000 | |
| Year Established: | 1990 | |
| Employees: | 12 | |
| BBN Listing #: | 919633784 | |
| Broker Reference #: | 00409 |
Business Overview:
Total Cash Flow from Business and RE of $511,000!
Year-to-date sales in 2020 up over 10% despite COVID-19. 2020 Projected results: Revenue $3.8 mil, EBITDA $468,000.
Established manufacturer of products used in transportation infrastructure projects with market leading products and outstanding reputation. The business operates from a central location for North America and would be an ideal location to manufacture and distribute additional products. Modern looking plant in excellent condition that was built with expansion in mind and is situated on a property with room for expansion. There have been substantial recent investments in capital equipment that should keep future capital expenditures low for 5 to 10 years. Growing domestically and internationally with significant business development efforts having been made in international markets which should drive future sales growth. Experienced and stable management team that is used to operating the business with a semi-absentee owner.
Keywords: Railroad, Transit
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Property Features and Assets:
Plant was constructed with industry leading design and intellectual property for efficient and high quality production. Major replacements to equipment in last 12 months plus addition of some new equipment that will increase profitability but was not in use in historical results.
Market Competition and Expansion:
Company uses industry leading technology resulting in excellent quality products produced in efficient process. Costs will go down and profits up as future growth occurs. Business development work in foreign markets is setting the company up for significant international sales growth. Opportunity for growth in North America where company's products has 10% or less market penetration despite having much greater market penetration in Europe and other international markets and offering the lowest life cycle cost versus competing products. Seller is currently selling in international markets and has had success in getting company's products specified in additional markets with huge future growth potential.
Reason for Selling:
Prepare for future retirement.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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