Well Established Bakeware Manufacturing Company for sale

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Asking Price:
$650,000

Gross Revenue:
$1,450,993
Cash Flow:
$185,945
EBITDA:
$185,945
Inventory:
$100,000
included in asking price

FF&E:
$325,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This is a rare opportunity to own a well-established manufacturing company that specializes in selling American-made bakeware. The company’s products are used across several industries, including bakeries, hotels, restaurants, hospitals, research laboratories, etc.

Company’s capabilities and services include: precision cutting, forming and coating. The Seller is semi absentee and does not run the business. All aspects of the operations of the business are in place, including key personnel, general manager, manufacturing and logistics.

The company’s professional staff provide top quality service. Their attention to detail and excellent customer service is why the business has been profitable and successful throughout their many years in business. The business operates from a fully equipped facility and is located in Southern California.

Business Highlights: Well Established, Stellar Reputation, Growth Opportunities, Excellent Books & Records, Absentee Owner, Consistent Management & Personnel.

About the Business

Number of Employees:
9
Real Estate:
Owned
Building Sq. Ft.:
24,670
Facilities:
24,670 sq.feet. Seller owns the building. Current Rent is $6,535/month. The facility has plenty of room for expansion. The Seller will work with the new buyers on a new lease.
Market Outlook/
Competition:
The company’s products are of a superior quality to the competition, which is one of the reasons why their customers come back for repeat orders.
Growth & Expansion:
The Seller is absentee. A new owner should add a solid sales and marketing plan to increase the visibility and sales of the company. The company currently has no sales or marketing strategy in place.
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About the Sale

Reason For Selling:
The Owner has other business, and is retiring
Training/Support:
Training for 4 weeks/30 hours week.

Listing Info

ID:
1473405
Ad Detail Views:
295

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$
months
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Business Listed by

Robert Dean, CBB, CBI

Banner Business Sales, Inc. - California License # 01720308

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Certifications:

U.S. Census Data for Los Angeles County, CA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Los Angeles County, CA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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