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Hand Tool Manufacturer Mostly Wholesale Nationwide
Business Description
Hand Tool Manufacturer National Majority Wholesale
Manufacturer of hand tools used in the paving construction industry. Most sales are wholesale to retailers and paving contractor companies throughout the USA. The tools are very low tech, but high quality and preferred over the Chinese made poor quality competitors. Cost of materials range approximately 20%, rest is labor and expenses leading to approximate net profit $250K. Company can be run by a full time Owner and two full time Employees. Building is 3458 Square Feet free standing light industrial in the San Fernando Valley area. Building can either be Purchased at $1.2M, or Leased at $1600 per month.
This is a great opportunity for a niche manufacturer Established in 1948. Short hours from 8 AM to 4 PM, Monday-Friday. Current Inventory sits at approximate range of $150K up to $300K in addition to purchase price of the business.
This is a Confidential Sale, please direct all questions to the broker.
This is a great opportunity for a niche manufacturer Established in 1948. Short hours from 8 AM to 4 PM, Monday-Friday. Current Inventory sits at approximate range of $150K up to $300K in addition to purchase price of the business.
This is a Confidential Sale, please direct all questions to the broker.
About the Business
- Years in Operation
- 48
- Number of Employees
- 2
- Facilities & Assets
- San Fernando Valley area, Block Industrial Building available for purchase $1.2M or Leased at $1600 per month. All equipment included, low tech drills and presses.
- Market Outlook / Competition
- Manufacturer of hand tools used in the paving construction industry. Most sales are wholesale to retailers and paving contractor companies throughout the USA. The tools are very low tech, but high quality and preferred over the Chinese made poor quality competitors. Cost of materials range approximately 20%, rest is labor and expenses leading to approximate net profit $250K.
- Opportunities for Growth
- Company can be run by a full time Owner and two full time Employees. Building is 3458 Square Feet free standing light industrial in the San Fernando Valley area. Building can either be Purchased at $1.2M, or Leased at $1600 per month.
This is a great opportunity for a niche manufacturer Established in 1948. Short hours from 8 AM to 4 PM, Monday-Friday. Current Inventory sits at approximate range of $150K up to $300K in addition to purchase price of the business.
About the Sale
- Seller Motivation
- Retire
Listing Info
- ID
- 2392847
- Listing Views
- 1081
Attached DocumentsAttachment Disclaimer
Listing ID: 2392847 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. See our full Terms of Use. Learn how to avoid scams.
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