S432 - Niche Manu. Bus. in Texas

Niche Manufacturing Business in Texas

Location

City
State Texas
County

Financial Information

Asking Price $2,400,000 (including inv.) Show Loan Calculator
Down Payment
Annual Receipts $1,773,000 ('14)
Cash Flow $461,000 ('14)

General Information

Description This unique manufacturing business located in Texas has been in business for over 10 years with increasing sales revenue and cash flow each of the last 3 years. The business manufactures niche products to three primary industries. It has a competitive advantage by being able to provide very fast turn around on orders along with custom design and engineering services. The business is considered one of the market leaders in their segment. The operating owner has grown the business to a comfortable level and now would like to see a new owner take advantage of the solid foundation to continue the growth. Little advertising is done for the current revenue. The majority of the revenue is from Business-to-Business (B2B) with a 16% growth in the top 20 customers in 2014. Purchase includes inventory of $693,000 at cost. The owner is selling so he can retire but is willing to work with the new owner for a meaningful transition period.
Reason For Sale Retirement
Franchise No
Home Based No
Relocatable Yes
Year Established
Year Acquired
Employees 7 FT 4 PT

Building Information

Building Sq. Footage 9,500 square feet
Monthly Rent $6,325 /mo.
Real Estate Available No

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