Liquidation - TN Candle manufacturer
| Asking Price: | $120,000 | Inventory: | $75,000 ++ |
| Gross Revenue: | $210,000 | Real Estate: | n/a |
| Cash Flow: | $40,000 | FF&E: | $117,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This company lost it's primary customer in late 2008 due to bankruptcy and the owner has decided that the remaining business is too small to interest him. He stopped shipping product in late February but has all the customer contacts for the last eight years available. Most of the former production employees are available to resume work for a new owner. This is a good opportunity for a new entreprenuer or for an existing business owner to buy the equipment and inventory and move it to another location. Customers are located nationwide, mostly east of the Mississippi. The owner created a new website last year that can be utilized by a new owner.
About the Business
Year Established:2000
Employees:2 full time -
Relocatable:Yes
Facilities:Leased 10,000 SF block building with more than adequate off road parking. Additional covered storage area.
Market Outlook and Competition:Competitive market, but company is growing and profitable. Candles are priced above big-box price point and below "boutique" candles.
KEYWORDS: manufacturing, Tennessee, liquidation, FFE, fixtures, close out, relocate, relocation, start-up
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