Description About This Posting: Manufacturing Company
Bringing more than 30 years of experience to operations, this manufacturer of employee identification, awards, and promotional products has earned a reputation for quality products, rapid order fulfillment, excellent customer service and competitive pricing. Stable recurring revenues provide an excellent foundation for future growth with existing and prospective clients.
The business is located in Southern California in an attractive and well-maintained commercial corridor with favorable lease terms and an option to extend through 2027. Annual gross sales for 2018 were $1,549,388 with Seller's Discretionary earnings of $243,671. The business is priced at $750,000.
The current owner is approaching retirement but is willing to remain on staff to ensure continuity of operations through the transition of ownership as well as to spearhead new growth opportunities for the business. This is a great opportunity for a sole proprietor to enter the manufacturing sector, of for an existing manufacturer to achieve both revenue growth and economies of scale through a strategic acquisition.
To get more information about this Manufacturing Company business for sale in
Southern California please phone Andrew Scott (Intermediary, Agent - BRE License #:01874863) at 310-866-7747 and 858-452-3000 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #253937 on BizBen.com. In addition to phoning
Andrew Scott, make sure you email Andrew Scott above to get more info about this
Manufacturing Company, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
Related Articles, Events, Blog Posts, Discussions, Videos, Interviews
Valuing a small business is not guess work. It's not what some other businesses of the same type may have or may not have been sold for, it's not even what a business owner "feels" they want or deserve. It is a formula based on many factors. Peter Siegel, MBA from BizBen & others discuss this topic.
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA (Business Purchase Financing Expert) at 925-785-3118 shares his experience.
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
Business sellers & buyers ask the question in the buying process-how long should I ask for due-diligence when buying a small business? The answer really depends on several factors. They include: type of business, demand for the business, complexity of the business. Advisors weigh in on this topic.
Should owners who offer a business for sale reveal to prospective buyers any income that is not recorded in the books? This is a controversial topic with arguments both for and against. Most business sales intermediaries believe if you don't pay tax on it, you can't claim it. Some sellers disagree.
The unfortunate truth is that approximately 50% of all small business sales transactions fall out. While failed transactions can happen for a many reasons, Peter Siegel, MBA (BizBen Director & Business Purchase Financing Expert) discusses the main reason deals fall through; steep asking prices.
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
It can take months, sometimes longer to sell a small business. Here are 6 questions from Peter Siegel, MBA (Business Purchase Financing Expert, ProSell Program Advisor with BizBen) at 925-785-3118 to ask yourself to help you determine why your small to mid-sized California business isn't selling.