| Asking Price |
$2,000,000 | Inventory |
$50,000* |
|---|---|---|---|
| Gross Income |
$952,386 | Real Estate |
$300,000* |
| Cash Flow |
$400,000 | Year Established | 1990 |
| FF&E |
$115,000* | Employees | 9 |
* included in the asking price
** not included in the asking price
Wonderful opportunity for a buyer to step into a business that would be considered a true hidden gem. Owner has taken a very laid back approach to marketing his products, through web site and through several architects. Someone that would take an aggressive approach could multiply the volume several fold. Due to continued customer pressure, the company has just begun manufactuing tables for the booths. Seller feels that, just by adding the table line, should increase the bottom line by $150,000/yr. The business is primarily done in the Carolinas, but if they went into some larger markets like Atlanta, the potential is huge. The company's excellent reputation and quality work keep buyers coming back. The restaurant industry has been bucking the national building trends, as it has been growing steadily.
Facilities: Modern 10 year old facility, 10,000 sq. ft. manufacturing and 1,500 sq. ft. of office space. On large corner lot, with development potential, on major highway. Lot is directly across road from Google's new HQ.
Competition: This is a niche business. Most manufacturers have a brochure and a buyer must buy one of their designs. This company is one of very few that will custom design to meet customer's spec.
Growth/Expansion: The company has no outside sales force and primarily relies on word of mouth and architects for business. They get 9 out of 10 jobs they price. Seller feels that with an outside salesman calling on architects, the business would easily double without any further capital expenditures.
Financing: To be discussed
Support/Training: 30 days and longer, can be negotiated as needed.
Reason Selling: Other business pursuits.

Clifton E. Blackburn
336-499-6339
Paradigm Financial Group Inc.
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