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Listing ID: 2653900Listed on: July 26, 2017

Promotional Products Manufacturer For Sale

Minnesota, United States

$ 2,625,000

(Furniture / Fixtures included)
(Real Estate Included)

Revenue: $ 800,980

Cash Flow: $ 320,604

Business Description

Manufacturer of promotional products which are sold through distributors. 29,000 sq. ft. manufacturing building built in 1998. If the buyer wished to relocate the business, the building can be removed from the sale. For this manufacturer's main product line they have machines that produce 5 times faster than any competitor, using 30% less material. There is no manufacturer that can compete with the machines this company employs. Several miscellaneous product lines also have specially developed machinery that makes this manufacturer a low cost leader in the industry. Generally, the promotional products manufacturing industry is competitive, but this business has no competitors located close by. No special licenses or permits are required. Marketing is done through website and trade shows. Generally, the business sells to distributors who sell to end users. This business has enough machines to run two manufacturing sites. All furniture, fixtures and equipment needed to run the business are included in the sale and asking price. By far the best growth opportunity for this company would be direct sales to end users. Currently the company only sells through distributors. Adding a website that is effective at getting end users to shop, or selling through large retail websites would drastically increase the profitability of the company. The owner is willing to stay on for a prolonged period as a consultant to help with business ownership transition. There are extenuating circumstances that make it inappropriate to display financials before 2017 in this listing. An explanation will be made to anyone that inquires and qualifies to hear more information.

Property Details

Years Established:

41

Property Type:

Real

FF&E:

$ 1,830,000

Inventory Value:

$ 382,000

Real Estate Value:

$ 450,000

Other Details

Premise Details:

29,000 sq. ft. manufacturing building built in 1998. If the buyer wished to relocate the business, the building can be removed from the sale.

Competition:

For this manufacturer's main product line they have machines that produce 5 times faster than any competitor, using 30% less material. There is no manufacturer that can compete with the machines this company employs. Several miscellaneous product lines also have specially developed machinery that makes this manufacturer a low cost leader in the industry. Generally, the promotional products manufacturing industry is competitive, but this business has no competitors located close by.

Expansion Potential:

By far the best growth opportunity for this company would be direct sales to end users. Currently the company only sells through distributors. Adding a website that is effective at getting end users to shop, or selling through large retail websites would drastically increase the profitability of the company.

Operation Details

Employees:

5 FT/19 PT

Trading Hours:

Monday-Friday 8am-4:30pm

Support & Training:

Will train for 2 weeks @ no cost. Manufacturer of promotional products. No special licenses or permits are required.

Relocatable:

Business Relocatable

Miscellaneous

Financing Available:

Yes
$2,100,000 Down/ $525K for 60 mos. @ 6%. Owner financing available for qualified buyer. For a well qualified buyer the owner may be willing to grant more financing. Lender pre-qualified with total of 25% down.

Reason For Selling:

The owner desires to retire.

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