Mfg. - Miscellaneous Manufacturing

Asking Price	$400,000	Inventory	$130,000*
Gross Income	$1,100,000	Real Estate	$695,000**
Cash Flow	$100,000	Year Established	1985
FF&E	$235,000*	Employees	14 Full Time

* included in the asking price

** not included in the asking price

Southeast Niche Manufacturing business for sale. Although this manufacturing company has sales over a million, they believe their sales represent less than 2% of the total market. The company serves a growing industry. Major distribution hub in Dallas, Texas. Sales are also strong in Florida. Mississippi, Tennessee, Louisiana, Arkansas, Oklahoma, Georgia, and Alabama also contribute sales, although Texas and Florida sales are highest. Owners believe company could be well served by locating to a central location like Memphis, Tennessee. Company owns over $200,000 in 26 different molds used in production of a component of the final product. Sale of company also includes manufacturing equipment and delivery trucks. A finished wood cabinet is sometimes distributed with the product. Company also owns the building they are in and would like to sell for $695K. Owners will consider lease option. Company has focused on selling to independent stores. Chain stores in this industry sell the majority of the product. Owners have to date rejected overtures by the chain stores to supply their product. Company produces a custom product that represents approximately 30% of their total sales. Some other characteristics of this manufacturing company: - Defensible market position - Possessing "value-added" Services - Participating in a "non-cyclical" market - Producing a "non-commodity" product - Employing low cost manufacturing processes Biloxi-Gulfport-Pascagoula was named "The South's Top Mid-Sized Market" by Southern Business and Development Magazine. Listed in 2000 Forbes Top 100 Places to Do Business and Money Magazine's "Best Places to Live" surveys. Hattiesburg continues to be ranked as one of the top retirement cities in the United States and boasts a booming post Katrina economy.

Facilities: 17,000 sq. ft. building; available for lease or purchase

Financing: Seller will negotiate financing

Support/Training: Seller will provide training

Reason Selling: Retirement