Description of the business for sale
Sales exceeded $12M in latest fiscal year,sales increases every year last 4 years with a 15% increase in the most recent fiscal year.Revenues exceeding $266K per employee.Company has trained and long-time employees.this businesswas founded by the current owner who is now retiring.Great opportunity for increased sales and profits.
GROWTH: 20 to 35 % unused capacity with only one-shift operation. Sales can be increased substantially as can capacity.
COMPETITION: Business is well situated in the center of the three states which supply raw materials. Closest competitor within fifty miles of subject.Company utilizes superior materials.
ADDITIONAL FINANCIAL INFORMATION
•Financing: negotiable
•Inventory: $1,425,000
•FF&E: $1,631,450
•Real Estate$800,000
REASONS FOR SELLING: Retirement
Support / Training provided by seller
Seller and sons will train and transistion
Description of the facilities
One manufacturing building 12500 sq. ft, second manufacturing building 20000 sq. ft. and four storage buildings totaling 11675 sq. ft. located on a twenty one acre site. Manufacturing buildings are steel sides and roofs, rest are of wood construction, all good condition-aerial photo available