Manufacturing Company - Patents, 60+ Years, Reviewed Financials
Patents, 60+ Years, Reviewed Financials, Opportunity to Scale
included in asking price
included in asking price
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Family owned and operated since 1955, the company produces the highest quality surface preparation tools and accessories available. All equipment is researched, developed and structured to fulfill and exceed the current and evolving needs of today's industry as they occur.
Their achievements in producing advanced technology for the surface preparation industry are recognized as standards worldwide. International competitive sanders imitate and incorporate at least one of their patented creations. Company has been family owned and run for over 60 years. All of their products are made in the factory in California and go through rigorous testing before final approval, which guarantees that all tools are top quality. This is the only company, related to this specific product, that manufactures 100% of their products in United States.
The company is positioned for acquisition with Reviewed Books & Records, a great infrastructure, impecable reputatuion, key employees in place and opportunity to scale and grow.
This is a great opportunity for a strategic buyer, someone in the manufacturing industry who is looking leverage current infrastructure and consolidate operations OR a new comer wanting to enter the manufacturing industry and looking for a well established copany with great reputation. Seller’s believe there is tremendous opportunity to operate the business more efficiently and inturn increase revenue and profitibility and.
Assets of the company include a large list of FF&E, Current & Usable Inventory, Patents, GoodWill (which would include a valuable client & vendor list, great reputation in the industry, infrastructure etc.).
The manufacturing industry, in general, is positioned for growth (IBISWorld Report), and the seller believes that a buyer with the right vision and approach can capitalize on the growth. The current owners are looking to retire after a long and successful career. Current owner is open to providing extensive training and a smooth transition for the new buyers depending on buyer needs.
Seller believes the business can be relocatable to any part of the country. Buyer to do there own due diligence.
Fiscal Revenue (Approx.):
2018: $2.1MM, 2017: $2.05MM, 2016: $2.2MM, 2015: $2.3MM, 2014: $2.8MM
Please Note: The seller is responsible for proving the accuracy of any information provided to the buyer's satisfaction. Information contained in this document is provided solely by the seller. No representations or warranties are provided by the CABB Business Broker, its agents, representatives, or subsidiaries as to the accuracy, completeness or validity of such information. Interested parties are encouraged to seek the counsel of their accountant, attorney and/or other business advisors.
ASKING PRICE: Make an Offer (Including Inventory & FF&E Valued at approximately $1.05 MM+)
Contact: Raj Parikh | (909) 510-9102 | email@example.com
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