Manufacturer Distributor For Sale

Business description

This company is one of several successful ventures for the seller. Its products’ unique design and high quality have proven very successful in all the markets in which it currently competes. The vendor has secured off shore manufacturing and has worked the kinks out of those arrangements over the last few years and is now poised to expand at whatever level a buyer's resources can allow. The seller is looking for a buyer with sales and marketing expertise and additional capital to take this company to 'the next level'. The owner is delighted to stay on in a reduced capacity in order to help the new ownership achieve the levels of growth this company is capable of. Sales have concentrated in 2 provinces and one state to this point although there have been sales to many provinces, states and European countries. The competitors in all of these markets are mostly the same companies. Therefore there every reason to expect similar success in markets that the seller cannot serve properly with his limited sales force – one guy. One of their product lines which received an industry award for design innovation is precisely the type of product that the industry trade magazine, in its most recent edition, has identified as the number one growth area for the industry in 2009 and the years to come. The owner spends between 10 to 20 hours a week working on this business and usually on the lower side as he has other businesses to attend to. Clearly this is a business with a bright future. It is unusual to say of a manufacturer but this business is re-locatable.

Other information

Inventory / Stock value:

$400,000 (included in the asking price)