Business Summary:
High Growth, High Technology Manufacturer – This award-winning manufacturer is doing an outstanding job for their customers and growing as fast as internally generated funds (profits) will permit. They have diversified capabilities and customers and more opportunities than they can afford to address. Their credentials and capabilities open doors. The Seller plans to take the company to $100 million sales as soon as he can. The sale of the company to a Buyer who can fund an accelerated expansion will permit him to tap the potential that has been developed and turn possibilities into reality. As part of his vision of growth, the Seller has assembled a savvy team to whom he carefully delegates and that permits him to focus on growth and strategic issues. The future of the company is not limited by how many projects he can micro-manage. The Seller will be happy to stay with the company and continue to run it, at least for several years. The Asking Price reflects the tremendous growth that this company is experiencing, which should continue if the many great decisions that have been made are not reversed by the Buyer. The products of this company are relatively immune to being sourced offshore.
Furniture, Fixtures, & Equipment: $ 1,696,000
Vehicles and / or rolling stock: $ 74,000
Inventory: $ 738,000
Accounts Receivable (if included): $ -0-
Land and Building (if included): $ -0-
Other Assets: $ 678,000
Current Liabilities to be assumed: $ -0-
Current Notes to be assumed $-0-
Asking Price: $ 9,000,000
Down Payment: $ 1,800,000
Annual Sales Volume: $ 7,157,000
Cash Flow: $ 1,655,000
|
|
|
