The new owner should have any understanding of design and packaging. They should also understand the manufacturing process. The transaction envisioned will transfer all assets required to operate the business. Inventory and work in process will be determined at closing and will be sold to the new owner at that time.
Asking Price :
$2,500,000
Gross Revenue :
$598,891
Established :
1978
Franchise :
No
Eastern Iowa
Business Description
The business is in the foam manufacturing business. They form and shape most anything out of foam. They specialize in packaging, displays and have patented designs/products.
Detailed Information
Facilities :
The business is located in a 59,000 square foot building on approximately four acres of land. There is plenty of room to expand the build should the new owner want to expand the business. Building is metal and in very good shape. There are four loading docks along with a drive through covered loading area.
Growth and Expansion :
The company has had continued grow and can grow further with an engaged owner.
Reason for Selling :
Retiring
Employees :
Yes
Building SF:
59,600
Rent :
$20,000
Relocatable :
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