Manufacturing In The Usa


Seller Financing Available
Incl. Real Estate
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Asking Price: Get Financing: $2,595,000

Cash Flow: $60,000

Gross Revenue: $1,675,000


FF&E: $595,000

Inventory: $1,000,000*

Real Estate: $1,000,000

Established: 2011

*not included in asking price.

Manufacturing In The Usa

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Business Description

The sale price at $2,595,000 includes FF&E (Furniture, Fixtures & Equipment), Inventory (estimated at $1,000,000 at cost) and the Real Estate estimated at a value of $1,000,000. AR can be negotiated separately.

The seller is secure financially and does not run the business. She wishes for a buyer or buyers to purchase the facility, continue manufacturing in her home state and keep the employees on as a part of the sale. In exchange, she is selling the business for less than the value of the tangible assets and will consider some financing, training, and creative terms to complete the sale.

Detailed Information

Not included in asking price
Real Estate:
Included in asking price
Building SF:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The Company has operated out of its current facility since inception. In October, 2013, the Company doubled its manufacturing footprint to just over 15,500 square feet. A new, 6” water main was installed in 2014 which supports dye machine and extractor use. The Company also leases an inventory warehouse approximately ½ hour away from the Mill. This leased location is 20,000 square feet. The current lease for the additional 20,000 runs through December, 2017. The landlord has indicated that the lessor is willing to extend lease year options. Included in the sale is the primary facility (15,000 Sq. Ft.) estimated at a value of about $1,000,000. The Real Estate was valued in a 2012 appraisal for $916,000. That was before improvements and expansion were done in 2013.
The Company is a manufacturer of high quality Blankets and Throws. These USA made textiles are woven from the finest natural fibers from American growers. The Company sells its upscale products to some of the preeminent catalogue companies in the United States as well as to hundreds of retailers across the country. The business has operated continually since 2011 when it began operations. It doubled its manufacturing footprint in October, 2013 by adding an additional 7,500 sq. ft. expansion to its facility. The Company has built its cherished reputation on quality and customer service. The business is ideally located in a region of the country known for its excellent quality of life. The Company uses only the highest quality yarns to produce its products. Often these materials are from sustainable sources, produced in the United States. The Company has several key employees who have amassed almost 3 centuries of seasoned experience in the manufacture of fine textiles. This coupled with an extensive investment in operations management consulting has helped the company stabilize operating results and is now poised for the next stage of growth and prosperity.
Growth & Expansion:
The Company has a unique market position as one of the few manufacturers of competitively priced blankets and throws. In its short business life, many of the startup learning curve issues have been addressed. Recent high-level consulting support has helped to instill solid business fundamentals inside the organization. Most recently, in the second half of the calendar year, the organization has begun securing operating profits as estimated by management. This, coupled with significant expanding sales with existing customers, bodes well for the Company as it embarks on its next chapter of improved financial results and operating performance. A buyer working in the business and not as an absentee can grow the business. There is also no inside sales staff and no third-party contracts with product sales companies have been made.
Seller will consider significant financing to qualified buyer(s).
Support & Training:
The owner has expressed a willingness to work with the buyer for a period of up to 12 (twelve) months, within a defined set off parameters. These parameters include; meetings with existing customers to support a smooth transition, knowledge transfer of decades of product expertise, introductions to employees and key suppliers. The seller will sign a non-compete
Reason for Selling:
The Owner wishes to sell to someone that will run the business to its potential
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David DiPerri

Business Listed By:
David DiPerri, CBB, CPA


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Sponsoring Broker:
Steve Simmons, mcmea, meca, bca, ica, ceb, cbb

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