Specialty Manufacturer for sale in Chicago

This is a small but growing company founded over 40 years ago with the concept of producing proprietary products and that has continued until today. The original owner strived to build long lasting relationships with wholesalers, distributors and retailers. In keeping with the founders original philosophy, the company grew throughout the last 40 years, but saw its ups & downs with the economy and eventual "passing of the torch" to various family members. While sales have always been relatively consistent, the business never realized its full potential and is poised for growth as we head into a new decade.

This company is outfitted with modern equipment that is well maintained. Capabilities include plastic extrusion, shaping, application and packaging. This company also does the manufacturing of some adhesive, glues and compounds.

Asking Price: $1,970,000 plus inventory
Gross annual sales (approximately): $1,715,289
Verified Cash flow or net (approximately): $527,644
Value of furniture, fixtures & equipment (approximately): $375,000
Value of inventory (approximately): $185,000 (Not Included in Asking Price)
Building, Lease details (approximately): Approx. 13,400 Sq. Ft.
Seller Financing: Seller is happy to discuss some financing with a very qualified buyer.

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