Business Description

Niche Cutlery-manufacturer & distribution company established and owned by seller for 35 years. Seller is ready for retirement from this branded and well known name. This product is in demand by medical, correction facilities, tobacco companies and many more. Seller also has direct contact to sell them other products and also drop ships some items now. This is extremely scalable if buyer has GOOD MARKETING SKILLS*** (Seller lacks marketing skills and web knowledge.) Seller has machine shop and presently makes products in his 3000 square foot warehouse. However, there are arrangements that buyer can have work sub contacted out and still work on huge mark ups. This sale includes if you had to buy or build about $200k in machine shop metal equipment. Seller is offering this as a opportunity only. Last year seller sold about $300k in products and earns about 50% after expenses. This company puts in bids for jobs and keeps them for for several years, they make product and ship it to several states. Seller will share his ideas, experience, skills, and support with new buyer. His branded name and contacts are worth far more than his selling price. Broker Jim Aloi believes right buyer may be able to turn this company into an easy million dollar plus project. Buyer can merge this with many other concepts or can operate from future small store front and give up warehouse space. Machine shop experience is a plus but the key to future success is marketing skills***