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Inactive Corporation With $155k Insurance Settlement Pending
Location: United States -> Michigan
Industry: Manufacturing > Other Manufacturing




Business Summary

This is a very straight forward albeit unusual opportunity. Corporation is awaiting proceeds from an insurance settlement. This settlement may take up to twelve months. Formal dissolution of corporation pending receipt of settlement. Buyer to assume ownership of corporation and wait for payout. Seller will fully guarantee sale and refund buyers entire investment if settlement fails to materialize. $96,000 - $5,000 down seller financing negotiable.. Email or call Ken at 248-852-8645 for details on this business for sale.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $153,000
Cash Flow:   $153,000
Cash Flow Type:  EBITDA
Seller Financing:  Yes

About The Business

Year Established:  1950
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Liquidity issue.

Photos

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Inactive Corporation With $155k Insurance Settlement Pending Photo 1




Print Listing Id: 700117906


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Also See: Franchise Opportunities > Franchise Resales > Michigan Businesses For Sale > Michigan Franchises For Sale > Michigan Business Brokers



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