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Business and Building OfferedThis company has received numerous patents and has been manufacturing specialized industrial products for scientific and governmental agencies for over 65 years. The majority of products manufactured are commonly considered to be the “Gold Standard” for design, manufacturing and functional quality. Specialized processes the company performs have largely not been replicable anywhere in the world. The owner cites technological excellence, the diverse product line, and the long tenured, knowledgeable employees as the major elements of the companies successful operating history.The company manufactures to stock and to order. The major product lines are sold through distributors with whom the company has long standing distribution/rep agreements with.There is a potential for growth, both domestically and internationally, via additions of products to existing distribution agreements and via establishment of distribution agreements with international distributors with whom the company is familiar with and has had conversations with. The current obstacle to increasing distribution is that ownership is ready to divest/retire and doesn’t want to incur debt to finance expansion. The company is currently free of debt beyond normal trade accounts payable.The company employs seven, including one of the owners, who acts as General Manager. The other employees include an Accounting Manager, Accounting Assistant and three factory workers. Since Covid restrictions, the General Manager has been working largely from his home office in Ohio.The business and the building are owned by two individuals. One of the owners has actively managed the business for the past twenty-two years. The other acquired his interest upon the death of his father. The owner’s first priority of divestment is the preservation of the jobs of the employees who have faithfully served the business. As such, offers will not be accepted for the building only.The ideal buyer for this business would be a strategic buyer that manufactures complimentary or related industrial products, who can move their operations to this location to leverage the space and debt service of the building.The CIM will be provided after execution of NDA and Buyer profile which presents potential buyer background, experience and financial capacity to close the transaction.
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A 2560 SF 2-story commercial unit, part of a 3-unit building complex. It is set up currently with a reception area, office, & 2 classrooms with projector set up on the 1st floor. There are 5 offices & conference room on the 2nd floor. IT was formerly a radio station, & still has padded walls for soundproofing on 4rooms on the 2nd floor. The facility would make a great recording studio as well as a traditional office facility. Entrance is on side of the building with a park-like setting of trees. There are 2 parking lots adjacent to the building. The unit has 4 exclusive use parking plus public parking. The Assn. fee is $180/mo. for landscaping, trash, recycling. MO11232
For the last 24 years, HealthyYOU Vending has offered franchise-level support with NO royalties or other ongoing fees. New business owners can start part time and keep their job & benefits. Completely flexible schedule with no employees (or they can have one who does all the work for them). The machines sell healthy snacks and drinks and owners monitor their machines remotely 24/7 and run their business from home. HealthyYOU Vending is a top opportunity.
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