Business Listing

Manufacturer of visual display products

The company was founded by the current owners nearly 50 years ago and has grown and evolved into the current operation. The business manufactures a complete line of visual display boards that are used in schools, hospitals, offices and manufacturing operations. These boards include dry wipe, chalk, tack and magnetic as well as a line of display cases. The company has a strong history of repeat customers with sales being generated from the company website, an inside sales force and a select few outside sales representatives. The company enjoys a diverse sales base with no one customer accounting for more than 5% of annual sales volume. The majority of sales are to contractors doing construction and/or remodeling of schools, hospitals and commercial buildings. The dedication to quality and service is what sets this company apart from competitors and would make a strong addition to another manufacturer serving these types of customers or a financial buyer seeking a solid business opportunity. A seasoned, non-union work force is ready to assist customers in all areas of quality and service. Asking price includes $400,000 of net working capital. A unique opportunity to acquire a strong company with a solid product history and reputation. Sellers will consider all proposals for merger or acquisition.
Industry
Manufacturing
Segment
Visual display market, dry wipe and bulletin boards
Asking Price
1,150,000.00
Ref ID
TSA22-CJP06
Established
0
# of Employees
12
Full Time Employees
12
Part Time Employees
0
Gross Revenue
2,000,000.00
Cash Flow Type
Seller's Discretionary Earnings
Cash Flow
175.00
Other Value
400,000.00
FF&E
500.00
AP/AR
0.00
Real Estate in Asking
No
Inventory in Asking
Yes
Inventory
Inventory included as part of net working capital allowance
Equipment
All equipment is in good to excellent working order with the only expected capital expenditure for a new owner is to upgrade accounting/computer systems.
Real Estate
The company leases a 26,650SF building from a related party at a rate of $13,100/mo, triple net. Opportunity to acquire the real estate will be considered by the property owners.
Facilities
Purpose built facility in good to excellent condition with room to expand if needed. Company currently operating at approximately 50% of capacity on one shift.
Broker/Seller