Manufacturing, Finishing Service For Sale - Orange County, California
Ad/Listing Information
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| Status: |
Off The Market |
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| Location: |
Orange County |
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| County: |
Orange |
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| City: |
None Given |
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| Financial Information |
Detailed Information |
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| Price: |
Call/Email |
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| Down: |
$250,000 |
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| Revenue: |
$1,226,858 |
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| Adj. Net: |
$307,576 |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Coop: |
No |
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| Franchise: |
No |
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| For Sale By Owner: |
No |
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| Asset Sale: |
No |
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| Lifestyle: |
No |
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Description Of This Orange County Manufacturing, Finishing Service Business For Sale:
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This 15+ year old Orange County business provides finishing and other services to the high end commercial printing industry, advertising agencies, etc. . Company has excellent equipment, a very competent production and administrative staff and needs a New Owner with overall management and sales/marketing skills to run and grow the business. Current Owner will stay and train and also be available for consulting services; however, retirement and pursuing other interests are his primary objectives.
Company did $1,226,000 in revenue in 2009 and had Owner's Discretionary Income of over $300,000. Based upon ytd operations it appears likely that for 2010 the Company will have $1,500,000+ in revenue and Owner's Discretionary Income of about $450,000+. Over the last 7 years the Company has averaged approximately $500,000 of Owner's Discretionary Income per year and typically drops 30%+ of revenues to the bottom line.
In spite of virtually no sales and marketing efforts over the last many years, the Company has 200+ steady customers that provide a long term stream of recurring revenues and historically the Company drops over 30% of gross revenues to their bottomline (Owner's Discretionary Income). New Owner will need to have a proven management background, good credit and $250,000 in cash as a down payment in conjunction with SBA financing. Current equipment and leased space can accommodate an estimated $4 million in annual revenues by adding a second shift.
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Manufacturing, Finishing Service For Sale And Orange County Region Related Links:
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More Orange County Information For Buying & Selling Orange County Businesses
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Manufacturing, Finishing Service Business Opportunity For Sale, Orange County, California, CA | BizBen
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