Established Manufacturing CompanyListing: #SD00154
About this Business for sale in Southern CaliforniaEstablished Manufacturing Company
Bringing more than 30 years of experience to operations, this manufacturer of employee identification, awards, and promotional products has earned a reputation for quality products, rapid order fulfillment, excellent customer service and competitive pricing. Stable recurring revenues provide an excellent foundation for future growth with existing and prospective clients.
The business is located in Southern California in an attractive and well-maintained commercial corridor with favorable lease terms and an option to extend through 2027. Annual gross sales for 2018 were $1,549,388 with Seller’s Discretionary earnings of $243,671. The business is priced at $750,000.
The current owner is approaching retirement but is willing to remain on staff to ensure continuity of operations through the transition of ownership as well as to spearhead new growth opportunities for the business. This is a great opportunity for a sole proprietor to enter the manufacturing sector, of for an existing manufacturer to achieve both revenue growth and economies of scale through a strategic acquisition.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.