Business Summary:
This manufacturing firm has two operating businesses; one manufactures printing equipment and associated supplies for directly printing on corrugated cases and the other manufactures coated stencils to be used for etching vehicle identification numbers on automobiles and for etching part numbers on metal machined parts where they need to be identified. The printing equipment business accounts for 75% of the company’s revenues. Both product lines serve very niche, stable markets and are manufactured in one location in Connecticut. Over the last 4 years, combined annual revenues have fluctuated between $2.7 and $2.9 million with associated Discretionary Earnings (owner cash flow) of between $325,000 and $400,000. This is both a good strategic opportunity for another manufacturing business operating in similar markets or an owner/operator that wishes to run a secure manufacturing business.
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| Year
Business was Established: 1988 |
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| Number of Employees:
12 FT |
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| Facilities / Terms of Lease:
Business operates in 20,000 sf of leased space, 2,000 sf of this space is dedicated to office and the balance to production and warehousing. |
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| Potential
Growth/Expansion:
New owners with more dedicated marketing could penetrate current markets more deeply. |
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| Competition:
The business operates in very niche markets with limited competition. It has a well established customer base that depends upon their products. |
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| Owner
willing to train:
Owner are willing to support training through a transition period. The terms of this arrangement will be negotiated. |
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| Reason for selling:
Owners wish to retire. |
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Seller Reference Number: 41980257
BusinessMart.com Listing Number: 218705 |
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