High Margin Cincinnati Manufacturer
Cincinnati, OH
| Asking Price: | $1,475,000 |
| Gross Revenue: | $1,425,000 |
| FF&E: | $171,000 |
| Established Year: | 1981 |
| Cash Flow: | $435,000 |
| Inventory: | $56,000 |
| Real Estate: | $890,000 |
Listing ID: 2267852Listing provided by BizBuySell
BUSINESS DESCRIPTION
In business more than four decades. Low tech - annual capex less than $5K. Little capital tied up in inventory and receivables. No dominant customer issues. Their short-run, quick turnaround business model means the product can't be made overseas. The plant and equipment is underutilized and can handle 2-3 times current volume. High 53% gross margin. Real estate can be purchased or leased.
DETAILED INFORMATION
Location
Cincinnati, OH
Inventory
Included in asking price
Real Estate
Owned
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Growth & Expansion
The company traditionally does no advertising, relying instead on existing customers and word-of-mouth. A modest investment in its outdated website plus email drip marketing to its existing and prospective resellers will pay dividends
Financing
Qualifies for SBA 7A financing
Support & Training
The owners are open to an extended hand-off to insure the buyer acquires the necessary knowledge.
Reason for Selling
Retirement
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