Mfg. - Chemicals & Allied Products | Mfg. - Miscellaneous Manufacturing

$Seller Financing Available

Asking Price	$495,000	Inventory
Gross Income	$809,000	Real Estate
Cash Flow	$152,000	Year Established	1988
FF&E	$70,000*	Employees	4

* included in the asking price

** not included in the asking price

This company was founded by the current owner over 20 years ago. The company utilizes equipment they own to take paint from gallon containers and convert it to hand held spray paint cans of various sizes. This process is rather simple and there is limited competiton. OEM's are primary users and there are no customer concentraction issues. The business is a C Corporation which also owns the real estate. A sale of the business and real estate is preferred, but the seller will entertain leasing the real estate. The facility is almost a specialty built structure as it has fans, ventilation systems and fire proof doors that were built for the purpose of making paints. Sales are down some in 2009 but they just picked up a new major customer. The sales trend has been $809k in 2008, $844k in in 2007, $937k in 2006, $807k in 2005 and $749k in 2004. Cash flow has ranged from $152k to $185k during this time. Seller financing will be considered on a buyer for buyer basis. Principals Only Please. Bill Law is the listing broker at 704-644-1141 or email bill@sunbeltbrokers.biz

Facilities: 7,500 SF building available for purchase or lease. No appraisal on the real estate currently, but believed to be about $500k as it is somewhat special use and built for the business.

Seller Financing Available: Yes

Financing: Seller financing considered on a buyer for buyer basis

Support/Training: Training provided as needed

Reason Selling: Retirement