Restart this Manufacturing Business

Asking Price$350,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,129,274

Inventory$28,147
Not included in asking price
FF&E$1,049,000
Included in asking price
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Restart this Manufacturing Business


Asking Price$350,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,129,274

Inventory$28,147
Not included in asking price
FF&E$1,049,000
Included in asking price
Business Description
Opportunity for Manufacturing Turnaround Experience
At one time this company could brag they were one of the go to resources for seating solutions. Unfortunately several hardships occurred. Owner's son passed away and then the owner suffered through numerous versions of cancer.

He thought the business would be able to continue to operate at historical capacity after he relocated to Florida. Unfortunately inspire of having a full management team in place they were missing a key ingredient. Sales and marketing.

The businesses manufactures for specific projects. No two jobs are alike.

The company can manufacture seating in a variety of industries. Medical, public seating such as stadiums and auditoriums, public transit.

What differentiates the business from its competition is that even the largest competitors do not have adequate manufacturing equipment to deliver as durable a product. Nor do they have the capability of manufacturing without out sourcing some of the work.

Our ideal buyer has a successful background in manufacturing, experienced in turnarounds, and has the ability to leverage that experience to obtain financing or is a cash buyer.
About the Business
Years in Operation
26
Employees
16 Full-time
Facilities & Assets
Building is a multi tenant office warehouse property. Seller's company occupies 22,000. Balance is leased to other tenants.
Market Outlook / Competition
There are bigger operators in the space and yet they are not as nimble no do they offer as durable a solution. Much of their work needs to be outsourced.
Opportunities for Growth
Growth is obtainable be reintroducing the business to the market place. Present there is no marketing.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
22,000
Rent
$10,833 per month
About the Sale
Seller Motivation
Health
Transition Support
Training by owner will likely be limited or focused on introductions to former clients.
Listing Info
ID
2537020
Listing Views

Listing ID: 2537020 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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