Profitable and growing manufacturing firm in niche industryListing: #SL00288
About this Business for sale in Greater St. Louis AreaProfitable and growing manufacturing firm in niche industry
Owner started the business over 30 years ago, and built it into one of the country's leading manufacturers of specialty, niche items. Almost 400 customers , ranging in size from small shops to some of the largest manufacturers in the world. Their ability to serve both extremes is a testament to their dedication to quality and service. Their customers are diversified and this business serves many industries including: marine, automobile, aviation, motorcycle and ATV, transportation companies, sporting goods, RV’s, awnings, leather, shoe and boot, clothing, luggage and purses, etc. Opportunities for expansion are endless as the product is needed for almost every industry. Employees are well-trained and cross-trained and many have been with the business over 10 years. Revenues and profits continue to grow, but owner is ready to retire so is looking for someone to take over his business and run it with the same passion he has had for all these years!
*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.