MergerPlace

Promotional Products Manufacturer

Minnesota


  • Asking Price: $2,625,000
  • Gross Income: $308,496
  • Cash Flow: $79,636
  • Real Estate: $450,000
  • Inventory: Not Disclosed
  • FF&E: $1,830,000
  • Listing ID: #200845
  • Established: 1976
  • Employees: 5 FT/19 PT

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.


Business Details

Primary Business Category: Manufacturing - Miscellaneous Manufacturing
Location: Minnesota

Company Information

Year Established: 1976
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 5 FT/19 PT

Financial Information

Asking Price: $2,625,000
Gross Revenue: $308,496
Cash Flow: $79,636
FF&E: $1,830,000
Real Estate: $450,000
Seller Financing Available: Yes

Property Information

Facilities:

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.

Growth & expansion opportunities:

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.

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.

Reason for selling:

The owner desires to retire.

Support & Training:

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

Contact Business Seller

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Business Listed By:

Jacob Petersen

Murphy Business Brokers