Business For Sale

Strap & Sling Manufacturing Business For Sale

Not Disclosed, CT

Nationwide Operations


Asking Price: Annual Revenue:
$260,000 $256,443

Manufacturing: Non-classifiable


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RE: Strap & Sling Manufacturing Business For Sale Broker: David A. Richman

Quick Facts

Asking Price: $260,000
Annual Revenue: $256,443
Net Profit: Not Disclosed
Cash Flow: $116,848
Total Debt: Not Disclosed
FF&E: $38,200
Real Estate: Not Disclosed
Year Established: 2010
Employees: 2
BBN Listing #: 313454665
Broker Reference #: CT-22

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Business Overview:

Richman Business Brokerage is exclusively representing a Connecticut based manufacturing company centrally located in Hartford County. The company manufactures lifting slings and tie-down assemblies of several varieties and customizations to a nationwide market. Product quality is a top-priority, all items produced either meet or exceed industry standards. Rush orders and orders for complex projects are easily accommodated, which has built a reputation of reliability and a base of return customers. 70% of customers are commercial accounts. The business opened in 2010 in its currently location, a 2,000 square foot facility. In addition to the owner, and the owner’s spouse, who both work full-time as production managers, there are two part-time employees responsible for shipping and bookkeeping. The business is successful in its current model which does not include online advertising or a sales program. The owners feel the business can grow to its potential with the addition of a sales representative or an owner with sales background. This is a great opportunity for a buyer looking for an established and profitable manufacturing business with a great reputation.

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Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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