
Specialty Manufacturing Business of Promotional Product *Home-based*
Price: $62,000
Location: St. Augustine
Industry: Miscellaneous Manufacturing
Listing ID: 75600133
Listing Status: New
Description
This 34 year-old business is ready for a new owner, and it is a unique promotional manufacturing business that is home-based and scalable! The Seller once held a utility patent on the product (now expired), but he feels strongly that it could be reattained by a new owner. Prior to the pandemic, significant business was driven by trade shows; since the pandemic, the Seller hasn't had the energy to reengage the business and the opportunities. 90% of the revenue is sales revenue, and 10% is service revenue. There is a 75% net profit on the retail price of the products. The business needs dedicated marketing and modernizing. No specialized tools or training is needed--the Seller will train. More info available with NDA.
LISTING DETAILS
Total Sales: $45,583
Cash Flow: $34,187
FFE: $3,800
FFE Included: Yes
Inventory Included: Yes
Operation
Year Established: 1989
Days & Hours of Operation: As Needed
Owner Hours Per Week: 5
Summary
Training & Support: 2 weeks, no cost
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