Small Relocatable Manufacturer With Huge Market For Sale

Business description

We currently manufacture compact mobile shelving systems to store and maintain medical, legal, financial and municipal records. Our users include most of the Fortune 500 companies and, under our federal contracts, nearly all branches of government and the military. We distribute through a network of dealers throughout the U.S. and Canada.

As paper records in general are slowly being replaced by electronic storage we have developed and are selling a unique, patent-pending storage system designed for the huge retail and food service chain store market.

For example, The Mens Wearhouse, where we have a recent installation in their flagship store in the Empire State Building in New York City, has over 1,200 locations. This is just one example of the potential for this product. McDonalds has a mobile storage system in the backroom of most of their 23,000 locations. In New York City alone there are over 60 chain store headquarters with, among them, more than 15,000 locations in the U.S. And just announced: Dunkin’ Brands is opening 27 new locations in Louisiana; CiCi's Pizza will add 500 restaurants over the 8-10 years. In the U.S. and Canada thousands of retail and food service locations are opening every year.

I have passed the age of retirement and though I would enjoy building the business to its multi-million-dollar potential there are other things I would like to do in my “golden years.” But I would be happy to work with new owners and, along with present employees, provide all the training needed. Specific knowledge of manufacturing is not required.

Property information

Location:

Present location is Newark, New Jersey. However, this business can be easily and inexpensively relocated.

Premises details:

Rented space in an industrial building, approximately 3,500 sq.ft.

Other information

Expansion potential:

Most of our manufacturing is sub-contracted to area metal fabricators and machine shops. We can "scale up" to meet any demand without investment in additional equipment. If additional space is required for assembly and packaging, the immediate area has many available locations. Or, the business can be easily relocated anywhere in the U.S.

Competition / Market:

There are several manufacturers supplying the same market for mobile storage systems. However, we have major advantages in product design and unique features.

Support & training:

Present owner will remain with the business as long as needed up to 1 year. Current personnel will stay with business or as long as needed. New owner's personnel will be fully trained both in physical plant operations as well as sales and administrative procedures and product marketing. All plant operations and administrative procedures are fully documented.

Reasons for selling:

I have passed the age of retirement and though I would enjoy building the business to its multi-million-dollar potential there are other things I would like to do in my “golden years.”

Trading hours:

9 to 5, Mon-Fri.

Website:

spacenowcorp.com

Related documents:

• 
• Retail Storage Advantages

• 
• Foodservice Storage Advantages

• 
• Office Storage Advantages