Profile: Custom Mfg./Distribution Of Plastic Reels/Spools For Wire Industry.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
Call |
| Down Payment: |
Call |
| Annual Revenue: |
$2,668,242 |
| Annual Adjusted Net: |
$438,000 |
| Price Range: |
$1 Million to $2 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
No |
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Description:
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This Location Operates In Twelve Western States From A 25,000 Square Foot Leased Building In A Large Industrial Park In San Bernadino County. The Plant Is Responsible For Sales, Marketing And Key Manufacturing For Customers Located Within The Territory. Established In The Late 1970 S, The Company Became The West Coast Manufacturing And Distributing Arm Of An Eastern Company In 1985. With Business Concentration In Southern California, There Is Tremendous Opportunity To Expand Sales In Adjoining States.
Concentrating On Manufacturing And Distribution Of Plastic Reels And Spools For The Wire Industry, Any Products Not Manufactured Locally Were Purchased From And Manufactured By Their Eastern Plant. The Plant Operates Without Daily Corporate Supervision With Management In Place Who Are Willing To Remain With The Business. Steady And Controlled Growth Describe The Sales And Profitability Of The Business With Existing Capability For Expansion. Through The First Half Of 2008, Sales Have Maintained Their Stability While Profits Are Higher Than The Comparable Period Last Year.
In Planning Their Exit Retirement Strategy, The Shareholders Are Carving Out This West Coast Base Of Operations From Their S Corporation So The Transaction Will Be In The Form Of An Asset Sale.
A Key Component To The Business Is The Company's Flexibility In Custom Manufacturing To Client Specs. There Is A Developed And Defined Method And Transition Period For The Financial Buyer Who Wishes To Take Advantage Of The Existing Corporate Marketing And Manufacturing. Please Request A Non-Disclosure Packet To Receive The 25 Page Confidential Business Report (Cbr).
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