Light Manufacturer with Factory Store
Business Description
Family owned and operated since 1952, this manufacturer of pewter holloware and
accessories is the subject of a confidential sale process. The business manufactures and
sells 450 stock items--from bowls to cups to keychains. Most of the products sold are
customized special orders for promotions and awards to 400 active wholesale accounts.
Pewter is a food-sale tin alloy that can be shaped on lathes or cast at low temperatures (500F) with little or no environmental impact. Strong base of legacy customers in the wholesale, custom and retail segments.
Manufacturing operates five days a week, Factory-Store Retail 7 days a week, except holidays.
accessories is the subject of a confidential sale process. The business manufactures and
sells 450 stock items--from bowls to cups to keychains. Most of the products sold are
customized special orders for promotions and awards to 400 active wholesale accounts.
Pewter is a food-sale tin alloy that can be shaped on lathes or cast at low temperatures (500F) with little or no environmental impact. Strong base of legacy customers in the wholesale, custom and retail segments.
Manufacturing operates five days a week, Factory-Store Retail 7 days a week, except holidays.
About the Business
- Years in Operation
- 73
- Employees
- 7
- Currently Relocatable
- Yes
- Facilities & Assets
- Buyer has option to lease ($102,000 NNN) or purchase ($1,000,000) the real estate. Gross building area is 10,109
square feet, sited on 1.34 acres, 38 parking spots. Retail & office: 3,640 ft2; Production & warehouse space: 6,379 ft2.
This asset sale transaction will involve the tangible & intangible assets of the business conveyed free of liabilities. Intangible assets include websites, customer lists, designs, processes and intellectual property. Tangible assets include tools & equipment, molds and catalogued customized casts numbering over 1,000. - Market Outlook / Competition
- Engaged in the manufacturing of pewter holloware, awards, custom and contract products. Vast majority of products are made inhouse from raw materials (ingots and disks) to finished products. Manufacturing consists of spinning, casting (using mostly centrifugal rubber molds) fitting, fabrication, soldering, buffing, polishing and assembly, packing and shipping. All mold making, design and tooling is done inhouse with a limited number of outside contractors. Customized orders to repeat institutional clients have the highest margins.
- Opportunities for Growth
- The custom award and trophy sector is a niche market within the broader promotional products and recognition industry. The global awards and trophies market is estimated to be worth several billion dollars, with projections indicating that the market value is expected to grow steadily.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Current owner/operator is committed to transition the business to new owners.
- Financing Options
- The business has been pre-qualified for ten-year SBA acquisition financing. The busi
Listing Info
- ID
- 2358706
- Listing Views
- 1172
Listing ID: 2358706 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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