Manufacturing / Mfg-Promo Products
Manufacturer of promotional products which are sold through distributors. 29,000 sq. ft. manufacturing building built in 1998. If the buyer wished to relocate the business, the building can be removed from the sale. For this manufacturer's main product line they have machines that produce 5 times faster than any competitor, using 30% less material. There is no manufacturer that can compete with the machines this company employs. Several miscellaneous product lines also have specially developed machinery that makes this manufacturer a low cost leader in the industry. Marketing is done through websites and trade shows. Currently the business is developing new websites to attract different niche product buyers for direct sales to consumers. Generally, the business sells to distributors who sell to end users.
This business has enough machines to run two manufacturing sites and quintuple sales without a new investment in machinery. All furniture, fixtures and equipment needed to run the business are included in the sale and asking price. By far the best growth opportunity for this company would be direct sales to end users. Adding more websites and being more effective online, or selling through large retail websites, would drastically increase the profitability of the company.
The owner is willing to stay on for a prolonged period as a consultant to help with business ownership transition. There are extenuating circumstances that make it inappropriate to display financials before 2017 in this listing. An explanation will be made to anyone that inquires and qualifies to hear more information.