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Asking Price$380,000
Revenue$1,200,000 Established1950
Cash FlowUndisclosed Employees15 full-time
FF&E$400,000* FranchiseNo
InventoryUndisclosed RelocatableNo
Real Estate$780,000 Home-basedNo
* Included in Asking Price
Owner retiring. Company should be doing 5 million or more if it had good marketing.
In fact any marketing. The pens are really beautiful and stylish. Overseas distribution would be a big plus. This acquistion would be perfect for a US metal forming company.or a profitable machine tooling co. Patents are included.
Facilities:41,000 sf , updated, manufacturing facility with room for adding one or 2 additional businesses.Company can manufacture in precious metals or base metals. Large machine shop where some components are made. Mostly Bridgeports are used in this area.. There are 2 large parking lots and an additional 2 story home that are included in the real estate price. Picturesque setting Many well maintained custom automatic machines. Large clean assembly area.
Competition:This pen company is GSA quality and made in US . Products are used by military academies, armed services and goverment.
Growth Potential:With marketing, this has great potential.
Training/Support:As needed
Seller Financing:To quaified buyers ,there is significant financing available since company has 0 debt
Sale Reason:Retiring out of state
Ad #33735
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Rosalind Newton
Hewitt Newton Associates
401-463-6950
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