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Manufacturing Of Textiles In Ohio For Sale

Ohio, US
Asking Price:
$2,400,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,571,168 (USD)
Cash Flow:
$839,035 (USD)

This business specializes in wax and resin coatings for industrial textiles. In addition, it provides various other coatings such as PVC, acrylic and silicone coatings for industrial fabrics and has provided adhesives and other specialty coatings to military and commercial clients. Their products are utilized in the military, agricultural, construction and recreation industries.

Property Information

Premises Details:

This business is located in a commercial space. There is free and ample parking and it is located in a main part of the town in which it is located. There is office, warehouse and production space utilized by this business.

Business Operation

Expansion Potential:

There is potential for growth in areas such as developing a relationship with an overseas supplier/textile producer.

Competition / Market:

This company does business in the US and Canada. There are 2-3 competitors that offer just some of the textile coatings this company does. However, this company has set itself apart with wonderful customer service, quick turnaround on orders and the fact that they provide smaller minimum orders than their competitors.

Reasons for selling:

Next generation of family not interested in continuing in the business.

Trading hours:

Monday-Friday 8am-5pm

Employees:
16 FT/ 1 PT
Years established:
97 Years

Other Information

Support & training:

Will train for 2 weeks @ no cost.

Financing available:

Lender pre-screened with $240 K down.

Furniture / Fixtures value:
$980,000 (USD) - included in the asking price
Inventory / Stock value:
$400,000 (USD) - included in the asking price

Contact Murphy Business & Financial

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