Description of the business for sale
Well run, well established 20 year old business with revenues averaging $3.5MM per year with impressive Sellers Discretionary Earnings (SDE) of $480K+ for 2005 and averaged $545K over the last 3 years ! This company has been absentee run, for the last several years! Sales are strong and steady. Due to greater owner involvement, sales should be above average by year end! The company has reliable, qualified, long term staff, who will be happy to stay with the new owners. Definitely a plus these days! Prime Real Estate on major thoroughfare (3.12 acres), forms part of the sale with an impressive array of well maintained machinery and equipment. An ambitious, diligent, sales orientated new owner could substantially increase sales of this company by being present and in-charge! All the elements are in place; A great reputation, contacts, contracts and many new & potential jobs already lined up, are waiting to be exploited by an enthusiastic, motivated new owner!
Current owner will stay on (by negotiation) for an extended period (up to 4 months) to acquaint new owner with all aspects of this exciting opportunity. A great opportunity for the right buyer! Owner is extremely motivated and will consider all reasonable offers, with some owner financing to a qualified buyer! SBA pre-approved to $2MM. So this is your chance. Make an offer!!
Description of the facilities
Furniture, fixtures, and equipment = 550000
Furniture, fixtures, and equipment included: Y