Manufacturer with $90,000 Net For Sale

Business description

This small manufacturer will net you over $90,000 your first year. It is growing about 15 to 18% a year. This high profit margin, electronic manufacturer has an established and stable customer base with significant growth potential for a new owner. The wholesalers that purchase these products are very loyal to the company. Someone with sales, marketing, and distribution experience can grow this company exponentially. This business operates out of 1800 sq. ft. and the rent is only $1050 per month. There are four full time employees. The owner has a full time job and only works about 15 hours a week. There is $30,000 in equipment and $95,000 in inventory that is included in the sale. Also, included in the sale are two, high traffic websites. The one that sells products directly to consumers has 10,000 visits per month. The one that is a forum has 100,000 visits a month. The forum has 1900 actual registered members. There is a huge opportunity to sell advertising on the forum. Right now that is not being done. Sales are exploding! The 2006 sales were $430,000. The 2007 sales were $510,000. The sales for 2008 up until April 30th were $192,000. The 2008 sales should hit $580,000 by the end of the year. The company sells to 3 wholesalers, 30 retailers, and over the website. This business was started in a garage 10 years ago. It is the most reliable and respected in the industry. It is located in St. Charles, IL.

Down Payment: $250,000

Property information

Real Estate:

Real Property Included

Other information

Reasons for selling:

Tired