Mfg. - Chemicals & Allied Products | Mfg. - Miscellaneous Manufacturing

Asking Price	$300,000	Inventory
Gross Income	$375,000	Real Estate
Cash Flow	$122,000	Year Established	1887
FF&E	N/A	Employees	1

* included in the asking price

** not included in the asking price

Unique opportunity to buy a business established in 1887 whose products are known all over the world. Products include degreasers, paint, paint strippers, rust inhibitors, etc. Makes gear lube for differentials for gear boxes, all lubricants but not transmission fluids or motor oils. Current owner is both willing to stay on as well as take a payout for the purchase of the business over time with a small down payment. Company did over $1 million in revenues in the past and has had some working capital problems as of late. Customers are located all over the world in such places as China, Taiwan, Singapore, etc. Current owner is a chemical engineer (technical background) who understand the entire process and potential of the products the company sells. Needs some strong marketing to lift sales. Has a synthetic polymer product for aftermarket auto product being sold in 50+ auto stores as a lubricant additive for gas & oil. Does alot of oil based products. A great opportunity to own a terrific long established business and work along side a top chemical engineer with the potential to grow the business dramatically.

Competition: Located in the heart of Cleveland Slavic Village area (central); unique high quality product ;current owner and Dad have been involved with for 50+ years.

Growth/Expansion: Huge upside with a sales person/staff to market products as well as drive internet presence and in store branded product sales

Financing: payout over time

Support/Training: Current owner wants to stay on for 5 years or so and would act as sales person

Reason Selling: 61 years old