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Business for Sale Summary

Chemical Manufacturer - 27290

Business Type: misc. servicel/non-classifiable,other business services,industrial & commercial machinery,misc. manufacturing/non-classifiable
Chemical Manufacturer
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This business has received 172 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $750,000 Down Payment $750,000
Gross Revenues $555,000 Lease Remaining Register Free to View
Owner’s Cash Flow $125,000 Number of FT Employees Register Free to View

Financing

$750,000 Down and

Business Description

Established for 42 years runs completely absentee Current owner runs this business totally absentee in fact, the seller lives in Florida and the business is in New York. The way he runs the business now, he receives a FedEx weekly, reviews the bills and orders, signs the checks and sends the FedEx back to New York. It takes the seller about two hours per week to complete. He speaks to the sales team maybe once a month. The seller travels to his place of business maybe, two times a year just to show his face. He had started the business 42 years ago with a partner who had died a few years back. The seller is now 80 years and is looking to retire and he is currently looking for a young entrepreneur to take over the business. He is looking for somebody who has these skills: Sales, Marketing, Management, Organization Skills, Willingness to learn The product the business sells are engineering maintenance products to building owners and operators as well as a custom line of products for the Aviation Industry, along with their Fortune 1000 Clients. They have a line of specialty products that are custom branded under their established brand. The great part about this business is that the business outsources all of their manufacturing needs and is truly a sales machine. The business currently has zero debt and has many bank lines which truly show its health in this market. The seller believes it will take a few months to learn all the aspects to run this business and is willing to train. So if you want to buy and established business with established branded products that could grow under your management, don't hesitate, don't delay, because this one is not going to be here. Call the listing broker today at 877-735-5224 and ask for Jason and reference listing #27290.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.