Manufacturing and Wholesale Business in The Northern Rockies For Sale

Business description

This well established company manufactures die stamped steel griddles and broilers for the restaurant industry as well as home, RV, recreational, camping and outfitter use. The commercial add-on griddles and broilers fit most ranges and stoves, including; Wolf, Vulcan, Viking, Imperial and many other commercial ranges and stoves. Management indicates that approximately 85% of the Company’s revenues are derived from commercial restaurant sales, while the remaining 15% is derived from recreational sales. The Company manufactures single, double and four burner griddles and broilers for restaurant and commercial use, and single and double burner griddles for recreation and camping use. Products are sold primarily to restaurant supply companies, distributors and outdoor camping dealers such as Cabela’s, etc. and are distributed throughout the United States and Canadian. Approximately 96-97% of the Company’s products are their own brand, with the remaining 3-4% being produced as custom label products.

Property information

Real Estate:

Lease

Lease terms:

Owner of the business also owns the real estate and will sell on a separate sale for $180,000. Owner would also lease the real estate for $1,500.00 month on a triple net basis. Contact Tom Emerling of Corporate Acquisition for all details.

Location:

The business operates from a 8,000 square foot building in Central Montana and includes an office area, a shipping and receiving area and a shop with a loading dock. There is room for expansion if desired. The building is located on the outskirts of town and has good access to two major highways.

Other information

Expansion potential:

The Company’s marketing plan consists of the following: an informational website with product displays and dealership information, adistribution network, participation in trade shows, occasional trips to various parts of the United States to call on major buyers and word-of-mouth and reputation. Owner feels the business could be expanded in several directions and would discuss possibilities with prospective purchasers.

Competition / Market:

Management indicated that the Company has approximately 35% of the market share in the United States and Canada. There is one other major competitor in the United States and also international competition from China, etc. Management feels they are able to compete rather favorably with foreign competition due to lower shipping costs.

Support & training:

Owner would train the new owner in all facets of the business and would consider working for the buyer for a period of time if desired.

Reasons for selling:

Owner would like to semi retire, however would work for the new owner if desired to assist in the transition.

Trading hours:

8:00-5:00 Monday through Friday

Financing available:

Owner may consider carrying a portion of the sales price to a proven and qualified buyer.

Furniture / Fixtures value:

$75,000 (included in the asking price)

Inventory / Stock value:

$50,000 (included in the asking price)

Related documents:

• 
• Non Disclosure Agreement