Mfg-Audio Plugs for Cables used in the Music Industry
| Asking Price: | $325,000 | Inventory: | $100,000 ** |
| Gross Revenue: | $850,000 | Real Estate: | $390,000 ** |
| Cash Flow: | $95,000 (comments below) | FF&E: | $250,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: Seller's Discretionary Earnings | |||
Founded in 1987, the company is a manufacturer of 1/4" audio plugs attached to cables used primarily in the music industry. In addition to patents for two products, the company has developed processes and techniques that allow for superior strength, performance and better sound quality with less distortion when using cables attached to the company's plugs. The company sells products to manufacturers and distributors throughout the United States and with the advent of the internet is building a reputation for its' products around the world. Several new products are under development, but the owners need help in bringing these items to market. The company has capacity to expand production significantly, but lacks a marketing and sales force to accomplish these goals. A knowledgable staff of employees in manufacturing and quality assurance are available to assist customers in all areas of product development and special orders. A unique opportunity to acquire a company with a solid history and reputation for quality and performance. The owners will consider all proposals for merger or acquisition.
About the Business
Year Established:1987
Employees:4 full time - 13 part time
Relocatable:Yes
Facilities:The company operates from a very functional 13,200 SF leased facility at a rate of $2,500/mo triple net. The real estate may be purchased for $390,000.
Market Outlook and Competition:The company leads the way in the United States music industry for sound quality and performance of it's audio plugs. Now a growing international market is ready to be captured and a new owner can step into this expanding opportunity.
About the Sale
Reason For Selling:One owner wants to retire soon, while the second owner would like assistance and capital to continue the business growth.
Seller Financing:The owners will consider terms for a qualified buyer.
KEYWORDS: music, audio, cables, sound quality, musical instruments, technical sound products, musical manufacturing
Sell Your Business | This listing has been viewed 502 times
advertisement
 |  | ||||
| |||||
 |  | ||||
| | |
|
Recommended Resources
Sponsored Links
| ||
| |
| | |
|
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.
| ||
| |
