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Business Sales
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Financial Summary
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General Information
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Price:
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$1,250,000 |
Financing:
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Yes | |
Down Payment:
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Call/Ask |
Year Established:
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1995 | |
Sales:
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$460,000 |
# Employees:
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1 | |
Cash Flow:
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$285,000 |
Facility Size:
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500 sq. ft. | |
Inventory:
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$40,000 |
Training:
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2 weeks | |
Inventory Included:
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Yes |
Reason for Sale:
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Retirement | |
FF&E:
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$10,000 | |||
Monthly Lease:
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$700.00 | |||
Business Summary Contact business broker for more information regarding this fabricated metal products manufacturing business located in Southern California serving markets throughout the world. The business has designed and produces proprietary products and accessories for industrial safety and for hazardous waste disposal. Customers and applications include businesses that utilize chemicals in pressurized containers and include industry sectors such as aerospace, restaurants, manufacturing, government, hospitality, and schools. Products generate very high gross margins and include a needed replacement component that results in recurring sales of about 35%. A majority of customers pay before orders are shipped, so working capital requirement is very low. The manufacture of product components is outsourced and only assembly is done by the business. The business is home based but utilizes a small facility for assembly and inventory storage. The business has very few competitors and has provided products to over a thousand customers. The business markets its products through its website but revenues have been very stable throughout its history. There is opportunity for growth and increases in sales through some basic sales and marketing activities that would significantly increase cash flow. The owner is retiring but will assist new owners in transitioning the business. Disclaimer BusinessQuest™ (Broker) has made no independent investigation or verification of any representation, warranty, document, or information presented by the seller herein. Prospective buyer is responsible for their own independent investigation with respect to such items and is advised by Broker to do so and to obtain the appropriate counsel from legal, accounting and other professionals concerning this business opportunity. BusinessQuest™ |