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Extremely Profitable High End Architectural Hardware

Nassau, New York (NY)

Asking Price: Gross: Cash Flow:
$2,050,000 Undisclosed $550,000

Furniture and Fixtures Value:
$300,000 (included in the asking price)

Inventory Value:
$150,000 (included in the asking price)

Business Summary:
This prestige high-end custom brass hardware manufacturer was born of old world artisan roots 60 years ago, and blossomed to the present height of reputation by the current generation capitalizing on the brand name. This niche company is renown throughout the building industry, revered by top architects, designers and major high end hardware showrooms throughout the world. Product is either specified by their well known established brand name or custom ordered to exact size & finish. Because of the ultra high end use for their product there is never a slow season, with orders originating all over the world. It is with great pride that sales have always been generated by reputation. Although there have never been any sales people, orders are constantly coming in by phone, fax & email. Shipments leave daily to Palm Beach, Hawaii, Chicago, Canada, England, Spain, Turkey, Hong long, Singapore just to mention a few. Manufacturing is done with less than 15 total people, almost always on one shift. The possibilities for expansion are endless.....puttiung on regional reps in the US as well as abroad & adding sales people would vastly increase the size of the company. Optimizing the web site would also be another instant opportunity for growth. Due to the unique and diverse custom order avenues and customet base, this is an endeavor that would be an exciting pleasurable challenge reaping great personal and financial satisfaction

 

   
Year Business was Established: 1939
   
Number of Employees: 15  
   
Facilities / Terms of Lease: flexible  
   
Potential Growth/Expansion: increase marketing. there are currently NO salespeople and no Internet Marketing  
   
Owner willing to finance: to qualified individual  
   
Owner willing to train: yes  
   
Reason for selling: retirement  
   
Seller Reference Number: bm1482444639
BusinessMart.com Listing Number: 19688
 

 

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For more info contact:

Rick Allen

Bluestone Acquisitions
516-214-4715

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