Business Summary:
– For over 35 years this manufacturing business with real estate has provided a line of fun products to a customer base that is 95% domestic and 5% international. Primarily business to business the company does have a direct web based sales segment that continues to grow. With production arms both in Vermont and Asia the company is balanced to weather the ups and downs of the global economy.
The current owner of more than 25 years is looking to retire however will do what’s necessary for a smooth and seamless transition to a new owner. He is currently working approximately 30 hours a week and his wife contributes 10 hours or less to human resources.
In addition to the owners, there are 8 experienced employees that run the domestic manufacturing and fulfillment with organized levels of management.
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| Year
Business was Established: 1973 |
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| Number of Employees:
8 FT |
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| Facilities / Terms of Lease:
Three distinct lots with improvements are included in the listing. Primary operations and storage occur in two builds of 25,000 square feet and 12,000 square feet respectively. A third mixed use adjoining property returns $13,000 annually per the schedule E is also included in the price. Property descriptions and deeds are available should there be further interest after this preliminary review. |
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| Potential
Growth/Expansion:
The web presence is already growing. There are opportunities to expand the international market. |
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| Competition:
There is 1 primary competitor and 1 that competes with a blend of inferior products. |
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| Owner
willing to finance:
This business will qualify for conventional lending. |
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| Owner
willing to train:
Yes |
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| Reason for selling:
Retirement |
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Seller Reference Number: 03105
BusinessMart.com Listing Number: 49431 |
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