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Michigan
Asking Price
$800,000
Revenue
Call/Email
Down
$800,000
Cash Flow
Call/Email
Name: Mike Limbers
Name
Mike Limbers
Year Established:
1948
Employees:
14
FE&E:
$100,000
Reason for sale:
Retire
Lease Options:
$11,000
Listing Number:
30122-563021
Sales:
$2,956,900
Seller's Discretionary Earnings:
$241,492
Inventory:
$400,000
Posting ID:
ID tw:84727 / Listing Number 30122-563021
Business Category:
Manufacturing, Machine Shop
Keywords:
Transworld
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Clinton Township, Michigan
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Macomb County, Michigan
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Alameda County, California
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Northern California World Renowned Craft Equipment Manufacturer For The Textile Industry - SC2255 This craft equipment manufacturing business is a Northern California Sub-Chapter S Corporation and has been in operation for the past 49 years and under the current ownership for the past 21 years. They provide a number of different pieces of equipment used in textile manufacturing, both new and reconditioned. They also offer accessories, computerized advanced automation and software with the equipment they manufacture. They have a long-standing tradition of innovative designs that help to reduce time and effort and maximize professional results. Their products are sold all over the world and they recently have modernized their operations. The brand has been associated as the top end in their market. Growth can be obtained through increased marketing and social presence, considering that they use already built brand recognition to attract customers. Marketing efforts currently focus on tradeshows, customer demonstrator programs, email newsletters and limited advertising along with word of mouth. Focus on smaller businesses is a growth strategy as this market is underserved. New products are planned to be launched in 2026 & 2027. Financial Information $949,000 Asking Price $150,000 Cash Flow $1,000,000 Gross Revenue $949,000 Down Payment $200,000 Adjusted EBITDA Business Location City: Northern California State: California Reason for Sale The Seller is selling to pursue other interests. Detailed information Year Established: 1976 Home Based: No Franchise: No Relocatable: No Lender Prequalified: No SBA Prequalified: No Full-Time Employees: 8 Part-Time Employees: N/A Contractors: N/A Owner Worked Hours/w: 30 Inventory Included: Yes Inventory Value: $250,000 Monthly Rent: $11,000 Real Estate Available: No Real Estate Included: Yes Real Estate Value: $2,100,000 Building Size: 13250 FF&E Included?: Yes FF&E Value: $150,000 Training/Support The Seller is willing to provide training at 30 hours per week for 2 weeks for the new Owner. Additional training can be made available at a mutually agreed upon cost to the new Owner. Market Outlook/Competition The global textile market size was estimated at $1.16 Billion in 2025 and is projected to reach U$1.61 Billion by 2033, growing at a CAGR of 4.2% from 2026 to 2033. The demand for textiles is rising due to fast fashion, growing urbanization, and increasing disposable incomes in emerging economies. Real Estate Description This business operates out of 13,250 square feet with a monthly rent of approximately $11,000 per month. The Seller owns the building, and it is available for purchase at $2.1M. CA 02100708; NV 1003039
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