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Business Sales
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Individual Business Listing
Specialty Adhesives Manfufacturer
County: Los Angeles, CA
BusinessQuest ID: 24002
Contact: Ron Varner, (310) 200-5680
County: Los Angeles, CA
BusinessQuest ID: 24002
Contact: Ron Varner, (310) 200-5680
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Financial Summary
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General Information
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Price:
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$825,000 |
Financing:
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No | |
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Down Payment:
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$625,000 |
Year Established:
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1968 | |
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Sales:
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$830,000 |
# Employees:
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2 | |
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Cash Flow:
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$200,000 |
Facility Size:
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4500 sq. ft. | |
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Inventory:
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$150,000 |
Training:
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2 weeks | |
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Inventory Included:
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Yes |
Reason for Sale:
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Retirement | |
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FF&E:
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$50,000 | |||
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Monthly Lease:
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$6,000.00 | |||
| Business Summary Contact Business broker for more information regarding this Specialty Adhesives Manufacturing business servicing markets throughout the US. The Business formulates and produces proprietary adhesive products for specific OEM applications that are for specific customer needs. Customers and applications include OEM and aftermarket aviation products/applications; personal protective products for law enforcement personnel; for the application of natural surface elements to parade floats; and a general line of adhesives and epoxies for businesses that need and utilize them in the manufacture of their products. In continued operation over 50 years, the Business has earned up a reputation for high-quality adhesive products and personalized customer service. Many products were developed with and for a specific customer, and currently there are no alternative products available to meet the requirements of these customers. The Business operates from a facility in Southern California and is operated by long-term employees. The Business has very low overhead and has ample capacity for expanding sales. The Business has very few competitors with similar formulations and products. The Business has never marketed its products but has had stable revenues throughout its history, other than a down-turn during the recent pandemic, consistent with the industry. There is opportunity and production capacity for growth and increases in sales, through some basic sales and marketing activities that would significantly increase profit and 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™ |
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