Textile manufacturer for hospitatility industry Business For Sale in Michigan

Textile manufacturer for hospitatility industry

Manufacturing - Textile and Materials Manufacturing

Asking Price:	$2,750,000	Inventory:
Gross Revenue:	$3,000,000	Real Estate:	$750,000 ++
Cash Flow:	$600,000 (comments below)	FF&E:	$200,000 ++
++ included in the asking price not** included in the asking price
Cash Flow Comments: 3 yr avg. cash flow

The company is a specialized manufacturer. They provide textile products for the hospitality industry. (bedding, drapes, etc.

About the Business

Year Established:1999

Employees:32 full time -

Relocatable:Yes

Facilities:excellent mfg. plant 25,000 sq ft

Market Outlook and Competition:Niche manufacturing with a number of opportunities for textile mfg outside the hospitality industry. The company has a national customer base with no one customer over 5% of the business.

About the Sale

Management Training and Support:yes

Reason For Selling:Seller is retiring.

Seller Financing:terms are negotiable

KEYWORDS: Niche manufacturing in the textile industry, servicing the hospitality industry

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Business Listed By
G. David Whitmore, CBI \| Whitmore, Prokes, Micallef & Associates View All of My Listings


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