Mfg. - Industrial & Comm. Machinery | Mfg. - Miscellaneous Manufacturing

Asking Price	$300,000	Inventory	$40,000**
Gross Income	$213,000	Real Estate
Cash Flow	$80,000	Year Established	1966
FF&E	$45,000*	Employees	2 ft / 1 pt

* included in the asking price

** not included in the asking price

This outstanding, dependable, and profitable business has been manufacturing this unique product since 1966. The Company currently has a very large segment of the marketplace here in the United States.The business has an ideal location in a major Industrial Park. Easy access off major Hwy. This business can be relocated, if Buyer desires, and is not dependent on location. The business specializes in "gravity" flow commercial wallpaper paste application machines, work stations, and measuring stations. There is virtually no competition for this product, except one smaller company that produces a similar version of this product but not of the quality or durability of the Seller s product. This company is internationally known for the "user friendly" version of this product and has captured a majority share of the marketplace. The Company is intending upon expanding its market to Europe in 2009. This is virtually an untapped market and this will be a niche product over there too. Seller's wife has a terminal illness and Seller must sell ASAP. Visit www.pastewell.com

Facilities: Business has an ideal location in major Industrial Park. Easy access off major Hwy. This business can be relocated, if Buyer desires, and is not dependent on location. 4 parking spaces assigned. 3000 sq ft, huge front loading door for deliveries and shipping. Total rent is $3,177 per month. Lease runs till 3/31/2009 and Landlord will extend the term of the Lease for a qualified Buyer.

Competition: Virtually no competition for this product, except one smaller company that produces a similar version of this product but not of the quality or durability of the Seller s product. This company is internationally known for the "user friendly" version of this product and has captured a majority share of the marketplace.

Growth/Expansion: This outstanding, dependable, and profitable business has been manufacturing this unique product since 1966. The Company currently has a very large segment of the marketplace here in the United States, however, the Company is intending upon expanding its market to Europe in 2009. This is virtually an untapped market and this will be a niche product over there too. The business could also expand its presence in major retail and commercial paint and wallpaper stores, increase traffic to its newly developed website, and hire distributors in major markets th

Financing: Cash or Bank Financing or Seller Financing with 50% down, 3 yr term, 8% Interest

Support/Training: Seller will provide Buyer with 30 days of onsite training for 20 hours per week and then 30 days at 10 hours per week for a total of 60 days of training on the day to day business, operation of all equipment, and procedures for quality control of the business.

Reason Selling: Seller's wife has a terminal illness and Seller must sell ASAP