Manufacturer Of Glass & Mirror Products
| Asking Price: | $1,450,000 | Inventory: | $50,000 ++ |
| Gross Revenue: | $2,348,314 | Real Estate: | $750,000 ++ |
| Cash Flow: | $212,294 | FF&E: | $720,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
A manufacturer of fabricated mirrors and glass. Their products are currently sold into the medicine cabinet, bi-fold/by-pass door, hospitality, furniture, and automotive aftermarket industries as well as other miscellaneous industries. We feel this is an excellent opportunity to purchase a manufacturer at near asset value.
About the Business
Year Established:1953
Employees:13 full time - 2 part time
Facilities:The equipment is in good condition and the manufacturing line is well laid out with good work flow. The building, which is valued at $750,000 and is included in the $1,450,000 asking price, is a 23,291 sq. ft. facility with 1600 sq. ft. of office space. The equipment was appraised in 2005 for $720,000. The property is zoned business but has been grandfathered in for a manufacturing use, which will be discontinued if that use changes.
About the Sale
Reason For Selling:The company is being sold to help settle the former owner's estate
KEYWORDS: manufacturing, mirrors, glass
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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