| Asking Price |
$950,000 | Inventory |
$100,000** |
|---|---|---|---|
| Gross Income |
$650,000 | Real Estate |
|
| Cash Flow |
$200,000 | Year Established | 1989 |
| FF&E |
$100,000* | Employees | 5 |
* included in the asking price
** not included in the asking price
Niche manufacuring & sales business, packaging speciality adhesives for mainly industrial applications. Sales growing strongly -$375,000 in 2004, $491,000 in 2005, $593,000 in 2006 & expected in $650,000-$700,000 in 2007 - all this with owners well past retirement age. National & international sales potential. Great opportunity to live in attractive Hilton Head island, but easily re-locatable elsewhere.
Facilities: Leased production facility in Florida with equipment for filling, labeling, & blister packing. Leased office in South Carolina with custom designed computer system for admin, sales etc. Both locations are re-locatable.
Competition: Specialty products, selling to niche markets - exhibiting strong growth.
Growth/Expansion: Revenue has grown strongly with part-time owner sales activity. Could be much more aggressive. Internet potential largely unexplored.
Financing: negotiable
Support/Training: 30 days included. If required, extended consultancy can be negotiated.
Reason Selling: retiring

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