Listing Number: 13485-207271
Description
Iconic "Made In USA" Manufacturer Located in the Southeast USA, with a 150+ Year Legacy.
Pre-qualified lending package by multiple SBA lenders, with a sample supporting letter included within the listing package.
2023 Revenue: $3,887,873
2023 SDE (adjusted): $905,709
Operating only Monday thru Thursday (4–10-hour days) within a facility that is running at 33% capacity, there is a tremendous upside for the right buyer, with additional land (10 acres total) and production space to consolidate operations from elsewhere and/or to grow organically. And sunny Southeastern US is a great place to live, with a reasonable cost of living and FOUR seasons!
The seller is willing to stay on for a period mutually agreed upon with the buyer to facilitate an orderly transition.
Listing Details
- Price: $ 4,500,000
- Down Payment: $4,050,000
- Sellers Discretionary Earnings: $ 905,709
- Total Sales: $ 3,648,212
- Location: North Carolina
- Inventory: $ 1,192,134
- FF&E: $ 206,800
- Employees: 22
- Year Established: 1864
- Reason for Selling: Retirement
- Category: Manufacturing
