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Advert Ref: 1306-5768

Outstanding Light Manufacturing Business For Sale

Details: Asking price:$2,050,000; Sales revenue:$1,743,122; Net profit:$408,513; Fixtures value:$120,000; Inventory value:$120,000

Business description: Outstanding Light Manufacturing business caters to residential and commercial markets giving diversity and lower seasonality. Started in 1996 it has grown consistently with two owners until 2007 when one owner bought the other out and lowered expenses. Great prospects for continued growth are projected in one of the most economically strong regions in the country. Price 2,050,000Working capital $50,000Closing costs $15,000Less down payment $300,000Less seller Financing $100,000Total 3rd party financing $ $1,715,00018 years at 6% gives $13,002 per month. I suggest add the following at the end of the text. SBA Pre approval for a loan of $1,715,000 includes $50,000 working capital and $15,000 closing costs.

General information: Years established:13; Support & training:Will train for 3 weeks at no cost; Reasons for selling:Other business interests; Financing available?$300k down/ $100k for 72 mths @ 9%. $1,650,000 for 216 mths @ 6%