Textile manufacturer for hospitatility industry
Location: Michigan > Oakland County
Industry: Manufacturing > Textile and Materials Manufacturing
Financials
Asking Price: $1,500,000
Gross Revenue: $2,200,000
Cash Flow: $250,000
Inventory: $139,000 (Included in Asking Price)
FF&E: $200,000 (Included in Asking Price)
Real Estate: $700,000 (Included in Asking Price)
Seller Financing: terms are negotiable
Business Summary
The company is a specialized manufacturer. They provide textile products for the hospitatlity industry. (bedding, drapes, etc.
About the Business
Year Established: 1999
Employees: 24 full time -
Relocatable: Yes
Facilities: excellent mfg. plant 25,000 sq ft plus an additional rental income.
Market Outlook and Competition: Niche manufacturing with a number of opportunities for textile mfg outside the hospitality industry. The company has a national customer base with no one customer over 5% of the business.
About the Sale
Management Training and Support: Owner will stay on in transition. The company has a solid administrative team.
Reason For Selling: Seller is retiring.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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