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High End Custom Hardware Manufacturer

Nassau, New York

Asking Price: Gross: Cash Flow:
$1,900,000 $1,400,000 $550,000

Furniture and Fixtures Value:
$200,000 (included in the asking price)

Inventory Value:
$100,000 (included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
This outstanding family owned and operated 65+ yr old simple metal working shop is well-known throughout the entire design & architectural industry. Even with no salespeople the phone does not stop ringing. Their custom designed products are specified by architectural and building supply companies on a global basis. With only a handful of employees and only operating 1 shift by choice, this company can be expanded easily. Hiring salespeople, adding distributors and Internet Marketing would dramatically increase sales.

 
   
   
Year Business was Established: 1939
   
Number of Employees: 15  
   
Facilities / Terms of Lease: flexible  
   
Potential Growth/Expansion: increase marketing. there are currently NO salespeople and no Internet Marketing  
   
Owner willing to finance: to qualified individual  
   
Owner willing to train: yes  
   
Reason for selling: retirement