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Specialty manufacturing - Hilton Head/Florida - Under Contract

Hilton Head Island, South Carolina (Beaufort County)

Mfg. - Miscellaneous Manufacturing | Wholesale/Dist. - Nondurable Goods

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

AD # 342238

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