Mfg. - Fabricated Metal Products

Asking Price	$275,000	Inventory	$75,000*
Gross Income	Not Disclosed	Real Estate	$70,000**
Cash Flow	$60,000	Year Established	1982
FF&E	N/A	Employees	2

* included in the asking price

** not included in the asking price

This manufacturing business makes high quality proprietary products - knife sharpeners for the outdoorsman, sportsman, etc., but also has a model for home use. The owner has not fully developed the potential because he is busy running other operations: as the mayor of his home town and as a consulting engineer, with clients in as far-flung areas as Washington state and Alaska. Consequently, his travels and his poliical duties take away the time he would otherwise have to market the several related products. As well, the seller has developed a new type of car tow system that he has patented, which is an adjunct to the business. The seller believes that a concentrated sales and service program could boost annual sales by 50%, but he lacks the time needed to contact all the hunting, fishing, sporting goods, auto parts, and other types of retail stores that would carry the company's products. Nonetheless, he forecasts steady growth for the business, notwithstanding the little time he devotes to it. Two patents - one expiring in about 2 years, the other in about 15. This company does little of its own manufacturing; outsourcing many of the parts, then having its two employee assemblers also take orders, ship, etc. The product has its own niche in the marketplace, is sold nationwide and in Canada, and is very easy to assemble with just a crew of two. However, if you already own a fabricating facility, this product would be a terrific complement to your business, because all the cost of outsourcing would remain in your pocket. A newly patented trailer hitcher is also made by thsi company. It has not as yet been heavily marketed. It is included in the sale. Consequently,this a business that seems to be for both someone starting out in manufacturing and who wants a proprietary product, as well as also being ideal as an add-on to a manufacturing company that is looking to add proprietary products.

Facilities: Currently run out of 4,000 foot facility, can be operated out of virtually any facility - very little equipment used to operate; mostly need room for assembly and storage of inventory.

Competition: There are other manufacturers, but this company's products hold their own.

Growth/Expansion: Seller has not had the time to devote to expanding the direct sales market. Opportunities do abound.

Financing: Other business interests

Support/Training: Seller will stay for a few weeks for training, trnasition.

Reason Selling: Seller is also a consulting engineer, and often out of town.