Stanley Tool Plant
Pittsfield, Vermont (Rutland County)
Manufacturing - Wood Products Manufacturing  |  Manufacturing - Other Manufacturing
Seller Financing Available
Asking Price:   $950,000Inventory:   
Gross Revenue:   Not Disclosed (comments below)Real Estate:   $950,000 ++
Cash Flow:   Not Disclosed (comments below)FF&E:   n/a
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: Financials available with signed Confidentiality Agreement
Cash Flow Comments: Financials available with signed Confidentiality Agreement
56,000 Sq. Ft. vertically integrated Wood Products Mfg facility on 35.6 Acres.
Address: 3950 VT Rte 100, Pittsfield, VT 05762
Price recently reduced from $1.2 Million, includes real estate, machinery, equipment & potential Stanley Supply Contract.
Stanley Works has discontinued its operation of this facility. Highly
trained workforce interested in returning.
Main Bldg:
• 30,448 sq. ft. heated mfg & office area
• 3,500 sq. ft. Offices
• 18’ to 24’ Ceilings
• 3 Loading Docks, 2 Drive-in OHD’s
• 3-Phase Power: 2,000 Amps,
277-480 Volts
• Roof new in 2006
• One of only two EPA Performance Track Facilities in Vermont (IBM plant is the other)
Other Bldgs: Saw Mill, 3Kilns, Boiler, Pumphouse,
Hazmat Storage
• Town Appraisal: $2,186,300
• Taxes: $ 46,470
About the Business
Year Established:1981
Employees:24 full time - 0 part time
Facilities:Main Bldg: • 30,448 sq. ft. heated mfg & office area • 3,500 sq. ft. Offices • 18’ to 24’ Ceilings • 3 Loading Docks, 2 Drive-in OHD’s • 3-Phase Power: 2,000 Amps, 277-480 Volts • Roof new in 2006 • This is one of only two EPA Performance Track Facilities in Vermont (IBM plant is the other) Other Bldgs: Saw Mill, 3Kilns, Boiler, Pumphouse, Hazmat Storage
Market Outlook and Competition:The wood products manufacturing business is depressed. Buyer should bring own product(s) to this opportunity, and look to Stanley only for a base-line product supply contract of from $500k to $1.6mm. Products of two other companies were also being made at this plant, and might be attracted back.
About the Sale
Management Training and Support:Stanley General Mgr would like to stay on. May attract back many skilled employees.
Reason For Selling:Stanley discontinued high-end wood masonry levels product, and moved hammer handles business to Mexico.
Seller Financing:Bridge financing only for qualified buyer with at least $400,000 cash down.
Attached Files - Attachment Disclaimer
Aerial photo of Stanley Tool Plant - Bldgs within fenced area54 KView  |  Download

KEYWORDS: Stanley Tools, manufacturing, wood products, Vermont, skilled workforce available, real estate, acreage, equipment included


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Business Listed By
Ray Ault  |  Ault Comercial Realty, Inc.
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