Midwest Leather Products Manufacturer

This is a long established manufacturer of leather products, including cases for electrical devices and other leather products such as high end consumer goods. The company has developed an impressive list of customers over the years including some recognizable names. Clients include manufacturers of electrical devices, wholesalers as well as state and local government agencies.

The facilities are not available for purchase or lease. So, ideally the business is offered as an add-on for an already established manufacturer. As such, the acquisition offers a quick return on investment. The sale includes equipment, which the owner estimates to have a $100-$150K fair market value. An executed non-disclosure as well as proof of financial capability is required to move forward.

Down Payment: N/A

Total Sales: N/A

Cash Flow: N/A

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $125,000

FFE Included: Yes

Inventory: N/A

Year Established: 1960

Days & Hours of Operation: M-F 7AM - 5PM

Owner Hours Per Week: 40

Lender Pre-Qualified: No

Non-Owner Payroll: N/A

Employees: 20

Absentee Owner: No

Real Estate: N/A

Real Estate Included: No

Monthly Rent: N/A

Type of Location: Industrial

Square Footage: 10000

Franchise: No

Relocatable: Yes

Facilities Information:

The facilities are not available for purchase or lease. Ideally the product line could be incorporated into a similar facility.

Reason For Sale:

Retirement

Training & Support:

As negotiated. Owner is flexible on deal terms.