, California 5 views 0 favorites
**Price reduced from $4,125,000 for quick sale due to owner heath issues!!*** Over 1 million in inventory and FFE included!! This is an incredible opportunity to take ownership of a 34-year old PROFITABLE TURNKEY Contract Manufacturing Company with its own PROPRIETARY BRANDS that can be run from Anywhere in the USA. Price INCLUDES FFE & INVENTORY. The Founder/Current Owner started with a vision of putting together the capabilities to do high tolerance work that others cannot or will not do. Today the company does contract manufacturing for the government/defense industry (approximately 46% of the business), private labels its patented consumer products for other marketing companies and manufacturers that sell to consumers (approximately 18% of the business), also manufactures and sells its own consumer product (approximately 20% of the business), contract manufacturers medical components and products (approximately 12% of the business) and other consumer products (approximately 4% of the business). The company currently ships all over the US and to Europe. The company is known for its wide range of capabilities to produce high tolerance products, impeccable customer service and on time delivery. With over 90% of the business repeat customers it is easy to conclude that the ingenuity, quality of work and professionalism helps to sustain the relationships with the customers. The company currently operates out of a 52,000 square foot facility and of that approximately 5,000 square feet is office space. The company has been in this location for almost 11 years and has approximately 16 months left on its current lease which can be assumed by a buyer. It has 50 full-time employees with a majority that have been with the company for over a decade (all willing to stay on). According to the Current Owner/Founder a new buyer can further grow the business by 1) proliferate its online sales presence 2) add a proven sales person with medical industry contacts 3) add a proven sales person in the government/defense industry. 4) Add a salesman with experience in the consumer products section of the company’s patented product. The Founder/Owner is selling the company due to health reasons and is being forced to retire. The Seller will train and is willing to stay on as a consultant for a period of time if needed. Seller is willing to carry a small portion of the purchase price depending on the buyer and the offer. WON’T LAST LONG DON’T WAIT! Location: Orange County, California Year Established: 1987 Number of Employees: 50 Relocatable: Yes Real Estate: Leased Building Sq. Ft.: 50,000 Rent: $25,000.00 Per Month Lease Expiration: 1/31/2023 Facilities: The company currently operates out of a 52,000 square foot facility and of that approximately 5,000 square feet is office space. The company has been in this location for almost 11 years and has approximately 16 months left on its current lease which can be assumed by a buyer. The facility is in excellent condition. Market Outlook/ Competition: There are very few competitors in the USA that can produce goods to the tolerances this company can and that can handle the types of materials this company can. There is federal legislation that help the company secure contracts (Berry Law) as well as a strong movement to bring this type of manufacturing back to the USA. Growth & Expansion: Current Owner/Founder a new buyer can further grow the business by 1) proliferate its online sales presence 2) add a proven sales person with medical industry contacts 3) add a proven sales person in the government/defense industry. 4) Add a salesman with experience in the consumer products section of the company’s patented product.
Listed: Apr 21, 2022
Updated: 1 week ago
Views: 5
Favorites: 0