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Stanley Tool Plant
| Asking Price: | $950,000 | Inventory: | |
| 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
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
KEYWORDS: Stanley Tools, manufacturing, wood products, Vermont, skilled workforce available, real estate, acreage, equipment included
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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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