Manufacturing Company - 50 Year+ Established

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Servicing Industrial and Construction Businesses
Asking Price:
$2,900,000

Gross Revenue:
$2,658,652
Cash Flow:
$840,106
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$780,000
not included in asking price

FF&E:
$1,775,673
included in asking price

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Business Description

High Profit Margins and over $835k in adjusted net profit

Buy a piece of history! For over 50 years this company has been manufacturing specialty industrial products and providing services to industrial and construction companies from Santa Barbara County to the Mexican Border. The seller is ready to retire and will assist the buyer in taking this business to the next level. With 24 employees and management in place, this is an opportunity for retention of the current large customer base and increasing customers by adding additional route salespeople. Gross is over $2.6m Net income is as shown and is not a projection. Business includes 2 related entities which coexist in the same building. Detail of the gross and net income will be released upon buyer’s proof of available funds.

About the Business

Number of Employees:
24
Real Estate:
Leased
Building Sq. Ft.:
10,000
Lease Amount/Mo.:
$7,300.00
Facilities:
This business has a leased location of 10,000 square feet with a total rent of $7,300. The seller is not active in business with 23FT and 1PT employees. Hours of operation are Monday-Friday 7am-4pm. Included in asking price are $780,000 in inventory and $1,775,673 in equipment and fixtures.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
30 Days
Seller Financing:
Cash or outside bank financing - Also SBA Pre-Qualified.

Listing Info

ID:
1508409
Ad Detail Views:
1473

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$
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Business Listed by

Jeff & Linda Nyman

First Choice Business Brokers
License# B.0034047/BS.0034179.MGR

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