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Niche Manufacturing Business Opportunity For Sale.
Location: United States -> Michigan -> Ann Arbor
Industry: Manufacturing > Plastics Manufacturing




Business Summary

Price reduced to $450,000.00.
Located in a prestigious suburbia near Ann Arbor, this second-generation family-owned corporation needs a new owner. Customers are both based in the U.S. and internationally. The seller works in and on the business Monday through Friday, most weeks. This business is not a seasonal business. Machinery, tooling, plastics, molds are all used in the production processes. Customers view this business as a critical component to theirs.
A new owner success will partially be determined if they are very detailed, very much scheduling oriented, perfectionist in their product and service to their customers.

If interested in this business, you must complete and return an NDA (confidentiality and non-disclosure/non-circumvent agreement). Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and answer a few questions related to their background and interests.

Facilities: Small plastic production & machine shop, 825 square foot office building was built in 1930, 2325 square foot shop was added in 1986. There is a 10-ton AC unit for cooling. Land is zoned 301 Commercial � Improved. Occupancy is ''Industrial � Light Manufacturing.'' Basement wall height is 8'. Class C building. Single story. Average ceiling height 16'. Forced air furnace.

Competition: Competition exists; however, competitors cannot provide the reliability that this company has in the past 75 years.

Growth/Expansion: Diversification of product lines, complementary to what is already being produced. Updating equipment its technology, to an advantage. Advertising, Marketing, Community involvement, and networking are always good things businesses can do to help grow their business.

Contact broker for more informationl


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $737,549
Cash Flow:   $166,471
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  1948
Number of Employees:  10 - 19
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Seller is willing to train a qualified individual for a one-month period, then consult on an as needed basis on an agreed upon rate.
Reason For Selling:  Health issues forcing retirement.




Print Listing Id: 700391900


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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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