Speciality light manfacuring & sales - UNDER CONTRACT
Location: South Carolina > Beaufort County > Hilton Head Island
Industry: Manufacturing > Other Manufacturing
Financials
Asking Price: $950,000
Gross Revenue: $650,000
Gross Revenue Comments: strong growth
Cash Flow: $200,000
Inventory: $100,000 (Not Included in Asking Price)
FF&E: $100,000 (Included in Asking Price)
Seller Financing: negotiable
Business Summary
Niche manufacuring & sales business, packaging speciality adhesives for mainly industrial applications. Sales growing strongly - $375,000 in 2004, $491,000 in 2005, $593,000 in 2006 & expected $650,000-700,000 in 2007 - all this with owner well past retirement age. National sales with international & internet potential. Great opportunity to live in attractive Hilton Head Island, but easily relocatable elswhere & ideal prospect for consolidation & synergy savings.
About the Business
Year Established: 1989
Employees: 5 full time -
Relocatable: Yes
Facilities: Leased production facility in Florida with equipment for filling, labeling & blister packing. Leased office (500 sq ft) in Hilton Head for admin/sales by owner. Both locations are re-locatable.
Market Outlook and Competition: This is a speciality product range selling to niche markets and showing strong growth. Sales could be more aggressive with full time commitment and internet potential largely undeveloped.
About the Sale
Management Training and Support: 30 days, continuing consultancy negotiable if required.
Reason For Selling: Retiring

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Listing Tools
BizQuest ID:870192
Business Listed By
Name:Will O'Grady
Company:Searchlight Business Brokers
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