MergerPlace

Manufacturing of Textiles

Ohio


  • Asking Price: $2,400,000
  • Gross Income: $3,571,168
  • Cash Flow: $839,035
  • Real Estate: Not Disclosed
  • Inventory: $400,000
  • FF&E: $980,000
  • Listing ID: #215159
  • Established: 97
  • Employees: 16 FT/ 1 PT

Business Description

This business specializes in wax and resin coatings for industrial textiles. In addition, it provides various other coatings such as PVC, acrylic and silicone coatings for industrial fabrics and has provided adhesives and other specialty coatings to military and commercial clients. Their products are utilized in the military, agricultural, construction and recreation industries.


Business Details

Primary Business Category: Manufacturing - Miscellaneous Manufacturing
Location: Ohio

Company Information

Year Established: 97
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 16 FT/ 1 PT

Financial Information

Asking Price: $2,400,000
Gross Revenue: $3,571,168
Cash Flow: $839,035
FF&E: $980,000
Inventory: $400,000
Seller Financing Available: Yes

Property Information

Facilities:

This business is located in a commercial space. There is free and ample parking and it is located in a main part of the town in which it is located. There is office, warehouse and production space utilized by this business.

Growth & expansion opportunities:

There is potential for growth in areas such as developing a relationship with an overseas supplier/textile producer.

Competition:

This company does business in the US and Canada. There are 2-3 competitors that offer just some of the textile coatings this company does. However, this company has set itself apart with wonderful customer service, quick turnaround on orders and the fact that they provide smaller minimum orders than their competitors.

Reason for selling:

Next generation of family not interested in continuing in the business.

Support & Training:

Will train for 2 weeks @ no cost.

Contact Business Seller

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Business Listed By:

William Ilgenfritz

Murphy Business Brokers