Long Time Manufacturing Business Needs a new owner
Delaware
| Asking Price: | $1,700,000 |
| Gross Revenue: | $1,725,821 |
| FF&E: | $750,000 |
| Cash Flow: | $179,960 |
| Rent: | $2,700 |
| Established Year: | 2002 |
Listing ID: 2133597Listing provided by BizBuySell
BUSINESS DESCRIPTION
Revenue and profits have been increasing consistently. On target for 2023 15% increase in revenue. Owner is ready to retire after a long career in this industry. Business operations are run smoothly with management team and bonus program in place. Don't miss this opportunity!
DETAILED INFORMATION
Location
Delaware
Inventory
Included in asking price
Real Estate
Leased
Building SF
7,000
Employees
14
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Large 7000 SF machine shop + Office trailer. All surplus material, office FF&E, equipment included in turn key operation.
Competition
This business has grown slowly and cautiously over the past decade. Limited competition.
Growth & Expansion
Add sales people and shop space + more fabricators to continue growth.
Financing
Preferred SBA lender: Chris McIntosh Cell: 314-857-8763 www.gulfcoastsba.com
Support & Training
Seller is willing to offer support and training for successful transition.
Reason for Selling
Retiring
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