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Outstanding Light Manufacturing Business
| Asking Price: | $2,050,000 | Inventory: | $120,000 ++ |
| Gross Revenue: | $1,743,122 | Real Estate: | $1,350,000 ++ |
| Cash Flow: | $408,513 | FF&E: | $120,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Outstanding Light Manufacturing business caters to residential and commercial markets giving diversity and lower seasonality. Started in 1996 it has grown consistently with two owners until 2007 when one owner bought the other out and lowered expenses. Great prospects for continued growth are projected in one of the most economically strong regions in the country. Price 2,050,000Working capital $50,000Closing costs $15,000Less down payment $300,000Less seller Financing $100,000Total 3rd party financing $ $1,715,00018 years at 6% gives $13,002 per month suggest add the following at the end of the text. SBA Pre approval for a loan of $1,715,000 includes $50,000 working capital and $15,000 closing costs.
About the Business
Year Established:1996
Employees:15 full time - 4 part time
About the Sale
Management Training and Support:Will train for 3 weeks at no cost
Reason For Selling:Other business interests
Seller Financing:$300k down/ $100k for 72 mths @ 9%. $1,650,000 for 216 mths @ 6%
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Current Search
Industry: Manufacturing
Segment: Lighting Products Manufacturing Next Listing: Custom Lighting & Decor Manufacturer
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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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