MissouriGreeneBusiness Real Estate For Sale

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30 Year Old Profitable Manufacturing Business
$995,000 Cash Flow: $244,455 Seller Financing
30 Year Old Profitable Manufacturing Business

Springfield, MO

• All products are proprietary and are sold nationwide through distributors • Business is operated with just a handful of employees besides the owners • Easy to operate business that is well established • Seller will train • SBA financing available, which means lower down payment requirements and longer terms • Business not open evenings or weekends • Seller will sign a non-compete agreement History of Business This family business began over 30 years ago. Their early successes led them from their original location to their current facility. Continued growth in sales and product lines led them to make multiple additions to their manufacturing space and warehouse to accommodate the growing demand for their products. Products and Services Offered The company manufactures and sells several metal proprietary product lines which are sold primarily through distributors throughout the United States. Inventory Included in Sales Price The sale of any business should include all the assets used to produce the income for which the buyer is paying, including an appropriate amount of inventory. In this business, $750,000 of raw materials and finished goods, at seller’s cost, will be included in the sales price of $995,000. Financing This business qualifies for SBA financing. Seller will consider providing the appropriate seller financing for an SBA loan if required. Down payment for the business would be approximately $115,110, assuming an SBA loan, sales price of the business of $995,000, $100,000 borrowed for working capital, and loan expenses added to the SBA loan of $56,100. Down payment for the real estate would be approximately $77,500, assuming a sales price of the real estate of $775,000. Total down payment would therefore be approximately $192,610 for the business and real estate. Customer Concentration In 2016 only one customer represented over 10% of total sales. Sales to that customer were 10.1% of total sales. Buyers who believe it might be a possible fit for them should not delay in taking the next step, which is to contact Bret McGowne to request the confidential information about the business.

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