Manufacturing Company with Manager In Place and Real Estate

Greenville, AL

Seller Financing Available

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Asking Price:$274,900
Gross Revenue:$357,000
FF&E:$125,000
Established Year:1970
Cash Flow:$50,000
Inventory:$2,000
Real Estate:$235,000
BUSINESS DESCRIPTION

Manufacturing Company Selling for Price of Real Estate and FF&E

This textile manufacturing company already runs absentee and remotely. It has a manager that runs things day to day and the seller spends a maximum of fiver hours a week on it, usually only handling payroll and billing.
The company works mostly with commercial clients and has several longstanding contracts with retailers.
Furthermore, there's plenty of room to grow both in the hours of operation kept and in physical space used on the property. This business has everything it needs to succeed except a buyer willing to grow it.

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DETAILED INFORMATION
Location
Greenville, AL
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2 acres of land with 2 six thousand square foot buildings containing the manufacturing set up. One building has office space.
Support & Training
Seller is willing to ensure a smooth transition.
Reason for Selling
Buying a different business
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Gene
Townley
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Gene Townley