Description of the business for sale
Manufacturer of Marble & Granite Cultured Counters, Shower Bases, etc. Great opportunity in a small manufacturing company. This business has been operating for over 30 years, twenty under current ownership. Knowledge transfer to new owners is relatively simple and current owners will train/assist.Facility located in a newer industrial park in a small city on the Mississippi river with easy access to transportation. This product would fit nicely with other home-related product manufacturers desiring to expand their product line.
GROWTH: Present owner says installation of a new process and a small addition to the main building could increase production capacity by 50%.Addition of a salesman (or an aggressive owner)could increase sales according to the current operator.
COMPETITION: Company delivers all products it makes-primary markets are Illinois, Iowa, Wisconsin. There are no competitors located in this market. This manufacturer will produce custom products and short runs that the big national competitors will not do.Company has operating from this location for twenty years and does a great amount of repeat business.
ADDITIONAL FINANCIAL INFORMATION
•Financing: will consider financing, amount negotiable
•Inventory: $72,000
•FF&E: $127,000
•Real Estate$258,000
REASONS FOR SELLING: Retirement
Support / Training provided by seller
Seller will do whatever is necessary to make sure transiton is successful.
Description of the facilities
Steel building for office/manufacturing is 7100 sq.ft.Second steel building for storage is 3200 sq. ft.Lot size is 1.4 acres. Appraised in 2007 @$ 258,000. May be leased or purchased.