Manufacturer of Steel Wire Racks & Retail Displays
Location: California > Los Angeles County
Industry: Manufacturing > Metals Components Manufacturing
Financials
Asking Price: $700,000
Gross Revenue: $983,000
Cash Flow: $175,000
Inventory: $40,000 (Not Included in Asking Price)
Business Summary
This is a custom formed steel wire products and display producer that has been established since 1955, under present owners since 2005. This company now occupies 14,742 sq. ft. and includes A variety of metal fabrication, precision machining And automated cutting and welding operations tools. This well run, profitable company specialized in the design and production of custom wire racks and point-of-purchase displays for specialty and general retail merchandise, such as industrial fan guards with zinc or chrome finishing, counter top displays for use with bows, batteries, small packaged toys, foods, etc. Snack racks to hold a variety of snacks, coffee mug display rack, spinning calendar rack, book/magazine spinning rack, eye wear display, shoe rack, and other variety industrial and general merchandise designs.
Business growing every year, 2007 sales 983,000 discretionary earnings $175,000
2008 sales from January through July were 724,000 and on a pace to hit 1,200.000
for the year.
For additional information please log in at www.sunbeltpasadena.com and create a buyers account or call (626) 395-0717 Gary Dalyan and non-disclosure agreement and buyer's profile will be sent to you for completion and signature.
Business growing every year, 2007 sales 983,000 discretionary earnings $175,000
2008 sales from January through July were 724,000 and on a pace to hit 1,200.000
for the year.
For additional information please log in at www.sunbeltpasadena.com and create a buyers account or call (626) 395-0717 Gary Dalyan and non-disclosure agreement and buyer's profile will be sent to you for completion and signature.
About the Business
Year Established: 1955
Employees: 14 full time - 2 part time
Facilities: 14742 sq ft. lease 3 years remaining. Lease option / first priority of purchase process.
Market Outlook and Competition: Business growing every year, 2007 sales 983,000 discretionary earnings $175,000 2008 sales from January through July were 724,000 and on a pace to hit 1,200.000 for the year.
About the Sale
Management Training and Support: 4 week 40 hours per week.
Reason For Selling: Partnership split
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