Listing Number: 49532-466029
Description
Take advantage of an exceedingly rare opportunity! Own a manufacturing company with a sterling reputation and nearly a half century of success in a $160 billion dollar market. This company manufactures and mills products used in both commercial and high end residential construction. Many terrific features including easy access to markets (minutes away from I-95), established relationships, years in the making and a constant stream of orders from a mature book of clients. This company has orders to fill for the next 12 months and is constantly turning away new work. Plenty of opportunity to grow! The owner of this business is selling due to retirement. The real estate is also available for purchase. This opportunity comes with truly impressive FF&E including equipment that would be a significant challenge to replace on the open market as well as many tools and pieces of equipment unique to this industry, a great many of which are one of a kind. Do not miss this opportunity to acquire a mature player with rock solid numbers and fantastic client relationships in this growing market. This is truly exceptional, turn key, fully equipped, and ready to go American manufacturing opportunity
Listing Details
- Price: $ 2,200,000
- Down Payment: $1,100,000
- Sellers Discretionary Earnings: $ 344,345
- Total Sales: $ 1,346,144
- Location: Penobscot County, Maine
- Inventory: $ 19,697
- FF&E: $ 250,000
- Employees: 8
- Year Established: 1977
- Reason for Selling: Retirement
- Category: Manufacturing
