Model Airplane US based Manufacturing Business

, Alabama 10 views 0 favorites

Financial Highlights
Asking Price
$425,000
Revenue
$168,000
Business Description

A husband/wife partnership, no employees, manufacturing a brand of 166 diverse model airplane kits along with building supplies marketed primarily through its own e-commerce site. This is an active concern with both retail and wholesale customers. We continue production and sales as we list the business. In 2022 EBM marks the 90th birthday. We have owned the company for the last 24 years. We are approaching our planned retirement age and decided to put the company up for sale as an active, running, profitable business. When the company changes hands, the only change a customer should notice is a different voice on the other side of the phone as we have systems in place that will assure the quality and consistency is maintained. We are a manufacturer of a large variety of flying model airplane kits and accessories. The primary sales outlet is a well-established, smooth functioning, online hobby shop presence at www.EasyBuiltModels.com . We are offering the manufacturing operations, all inventory, all intellectual property, and the e-commerce website for sale. The business can be purchased and relocated. In fact, we’ve moved this business twice ourselves. We can discuss options for purchasing the business and real estate if you prefer to move to a warmer climate. We have tried to keep the company small enough to be operated by two people. The last time we advertised its products in print was in 2014, in the final issues of FLYING MODELS magazine. Since then, production and sales volume have grown through the e-commerce website and reached a point that we need to consider hiring employees. The business may continue to operate successfully with the product line and customer base as it is now. However, there are opportunities for growth of both the product line and customer base. There are additional product lines to expand which we are currently holding back. Our customers are loyal, and we book repeat business from many of them over the course of the years. In addition, we also supply components to a limited number of firms in the manufacturing business. Location: Alabama Year Established: 1932 Number of Employees: 2 Relocatable: Yes Real Estate: Owned Building Sq. Ft.: 4,000 Facilities: We are offering the manufacturing operations, all inventory, all intellectual property, and the e-commerce website for sale. This includes raw materials, equipment, tooling, tables, shelving, and packaging. The business can be purchased and relocated. We’ve moved it twice ourselves. We can discuss turnkey option for purchasing the business and real estate together Website: www.EasyBuiltModels.com Market Outlook/ Competition: We make the largest selection of kits on the market. Competition is limited. We are an industry leader. We supply some of our competition with materials necessary for their operations. We have maintained a leadership role in product development. We have been there doing things in model production that would normally have only been available for custom kits. Our kits, although made on a production line basis, are designed to mimic the quality of what one might purchase as a custom-made kit. Growth & Expansion: There are kit lines available that are not being offered as a means of controling growth, for example a full line of r/c kits. We have not used distributors and do not make sales calls. Our last advertisement was run in 2014. Another area for expansion will be the Science Olympiad.

Business Details
Industry:
Automotive & Boat
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 19, 2022

Updated: 5 days ago

Views: 10

Favorites: 0