Business Summary:
Growing Aluminum manufacturing business geared to the small and medium truck industry. This business started in 2004 and in 2008 took off to nearly a 300% sales increase. Sales grew far beyond expectations and the owners eliminated most marketing so they could handle the volume. Unaware the economy was about to slow, this slow down along with the decline in marketing has leveled sales to 08 numbers. Based on sales through May 09 sales would be slightly higher than 08. With the insertion of new marketing and a motivated owner to grow sales it is believed the numbers would continue to grow. This business ships much of its work and does not rely on local business for support. This makes this a solid business for relocation. The business has strong name brand recognition and a solid web site. The owners own the land and building associated with the business and will sale the 2 acres, 6k building, small office building and small home that is rented for a selling price of $255k separate from business.
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| Year
Business was Established: 2004 |
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| Number of Employees:
4 |
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| Facilities / Terms of Lease:
Located in 6,000 sq. ft. building with small office area outside building, business can remain and owner will charge $2,200 per month rent or business can be relocated to any location. |
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| Potential
Growth/Expansion:
Growth from 07 to 08 was nearly 300%, 09 has slowed do in most part by owners backing off of marketing coupled with the economic slow down. 09 numbers through May total $184,922 |
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| Competition:
Business presently produces a high end aluminum product for small to medium size trucks with little competition at their level. Light weight aluminum is growing in popularity with the unstable fuel prices. |
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| Owner
willing to train:
30 days |
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| Reason for selling:
Other interest |
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Seller Reference Number: bm338817710
BusinessMart.com Listing Number: 63097 |
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