Light Manufacturer (without real estate)
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Family owned and operated since 1952, this manufacturer of pewter holloware and
accessories is the subject of a confidential sale process. The business manufactures and
sells 450 stock items--from bowls to cups to keychains. Most of the products sold are
customized special orders for promotions and awards to 400 active wholesale accounts.
Pewter is a food-safe tin alloy that can be shaped on lathes or cast at low temperatures (500F) with little or no environmental impact. Strong base of legacy customers in the wholesale, custom and retail segments.
WE ARE OFFERING THIS BUSINESS TO BUYERS THAT WILL RELOCATE OR CONSOLIDATE THE MANUFACTURING INTO THEIR EXISTING OPERATIONS.
Manufacturing operates five days a week.
accessories is the subject of a confidential sale process. The business manufactures and
sells 450 stock items--from bowls to cups to keychains. Most of the products sold are
customized special orders for promotions and awards to 400 active wholesale accounts.
Pewter is a food-safe tin alloy that can be shaped on lathes or cast at low temperatures (500F) with little or no environmental impact. Strong base of legacy customers in the wholesale, custom and retail segments.
WE ARE OFFERING THIS BUSINESS TO BUYERS THAT WILL RELOCATE OR CONSOLIDATE THE MANUFACTURING INTO THEIR EXISTING OPERATIONS.
Manufacturing operates five days a week.
About the Business
- Years in Operation
- 74
- Employees
- 3 Full-time
- Currently Relocatable
- Yes
- Facilities & Assets
- We are offering the manufacturing business without the underlying real estate to a Buyer who will relocate the manufacturing operations.
This asset sale transaction will involve the tangible & intangible assets of the business conveyed free of liabilities. Intangible assets include websites, customer lists, designs, processes and intellectual property. Tangible assets include tools & equipment, molds and catalogued customized casts numbering over 1,000. - Market Outlook / Competition
- Engaged in the manufacturing of pewter holloware, awards, custom and contract products. Vast majority of products are made inhouse from raw materials (ingots and disks) to finished products. Manufacturing consists of spinning, casting (using mostly centrifugal rubber molds) fitting, fabrication, soldering, buffing, polishing and assembly, packing and shipping. All mold making, design and tooling is done inhouse with a limited number of outside contractors. Customized orders to repeat institutional clients have the highest margins.
- Opportunities for Growth
- The custom award and trophy sector is a niche market within the broader promotional products and recognition industry. The global awards and trophies market is estimated to be worth several billion dollars, with projections indicating that the market value is expected to grow steadily.
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Current Owner/Operator is committed to transition the business to the new owners
- Financing Options
- SBA Pre-qualified
Listing Info
- ID
- 2543640
- Listing Views
Listing ID: 2543640 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. See our full Terms of Use. Learn how to avoid scams.
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