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Manufacturing of Textiles

OH (Relocatable)

Manufacturing of Textiles
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Asking Price: $2,400,000

Cash Flow: $839,035

Gross Revenue: $3,571,168

EBITDA: N/A

FF&E: $980,000

Inventory: $400,000

Established: 1922

Manufacturing of Textiles

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Business Description

This business specializes in wax and resin coatings for industrial textiles. In addition, it provides various other coatings such as PVC, acrylic and silicone coatings for industrial fabrics and has provided adhesives and other specialty coatings to military and commercial clients. Their products are utilized in the military, agricultural, construction and recreation industries.

Detailed Information

Inventory:
Included in asking price
Employees:
16 FT/1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in a commercial space. There is free and ample parking and it is located in a main part of the town in which it is located. There is office, warehouse and production space utilized by this business.
Competition:
This company does business in the US and Canada. There are 2-3 competitors that offer just some of the textile coatings this company does. However, this company has set itself apart with wonderful customer service, quick turnaround on orders and the fact that they provide smaller minimum orders than their competitors.
Growth & Expansion:
There is potential for growth in areas such as developing a relationship with an overseas supplier/textile producer.
Financing:
Lender pre-screened with $240k down.
Support & Training:
Will train for 2 weeks @ $0 cost. This business provides various coatings for industrial fabrics including PVC, acrylic, silicone, wax, and resin coatings. Operation of this business requires an EPA operating permit.
Reason for Selling:
Next generation of family not interested in continuing in the business.
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William Ilgenfritz

Business Listed By:
William Ilgenfritz

Murphy Business of Pa

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