Niche Manufacturing Business Opportunity for sale Price Reduced

Washtenaw County, MI
For example....
Asking Price:$450,000
EBITDA:$166,471
Gross Revenue:$737,549
Established Year:1948
BUSINESS DESCRIPTION

Located in a prestigious suburbia near Ann Arbor, this second-generation family-owned corporation needs a new owner. Customers are both based in the U.S. and internationally. The seller works in and on the business Monday through Friday, most weeks. This business is not a seasonal business. Machinery, tooling, plastics, molds are all used in the production processes. Customers view this business as a critical component to theirs.
A new owner success will partially be determined if they are very detailed, very much scheduling oriented, perfectionist in their product and service to their customers.

If interested in this business, you must complete and return an NDA (confidentiality and non-disclosure/non-circumvent agreement). Call 734-323-0376 or email michelle@bbfbrokers.com for more information. Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and answer a few questions related to their background and interests.

NOTE: Real Estate will be priced separately, this price is for the business assets only.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
3,150
Employees
11
Facilities
Small plastic production & machine shop, 825 square foot office building was built in 1930, 2325 square foot shop was added in 1986. There is a 10 ton AC unit for cooling. Land is zoned 301 Commercial – Improved. Occupancy is “Industrial – Light Manufacturing.” Basement wall height is 8’. Class C building. Single story. Average ceiling height 16’. Forced air furnace.
Competition
Competition exists; however, competitors cannot provide the reliability that this company has in the past 75 years.
Growth & Expansion
Diversification of product lines, complementary to what is already being produced. Updating equipment its technology, to an advantage. Advertising, Marketing, Community involvement, and networking are always good things businesses can do to help grow their business.
Support & Training
Seller is willing to train a qualified individual for a one-month period, then consult on an as needed basis on an agreed upon rate. Employees can run most operations in shop.
Reason for Selling
Health issues forcing retirement
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Michelle Webster
Business Brokerage & Finance, LLC
Michelle Webster