Business Summary:
A well-established and very profitable manufacturer of custom made products located in Union County, NJ is for sale. The company was established in 1970 by the current owner, who is looking to retire. The company sells to major retail organizations with substantial capital and significant staying power, including Fortune 500 companies. It does not rely on the small retail business sector for its current or continued success. The operations are turn-key with tenured managers and a trained staff in place. Sales have increased over the last several years and into this year. Average recurring business exceeds 90% year over year. Turn-around time, customer service, and superior quality make the company a clear leader in its niche.
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| Year
Business was Established: 1970 |
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| Number of Employees:
30 |
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| Facilities / Terms of Lease:
14,000 square feet of state-of-the-art production, warehouse, and office space. Real estate can be leased or purchased. |
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| Owner
willing to finance:
For a qualified and credit-worthy buyer, the seller will finance $700,000 over a 3 year term at an 8% interest rate. |
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| Owner
willing to train:
The seller will provide adequate training and post-closing support. Longer term transitioning is negotiable. |
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| Reason for selling:
Retirement. |
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Seller Reference Number: 081711
BusinessMart.com Listing Number: 108687 |
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on this business
please fill out the form shown right 
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