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Manufacturer: Baskets For Packing Vegetables For Sale

Location  United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1986904
Net Profit / Cash Flow  $293472
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  1929
Number of Employees  50 - 99
Inventory  310000
Relocatable  No
Number of Employees  50 - 99
Real Estate  Owned
Training  90 days, will negotiate
Reason for Sale  Retirement
Description  MANUFACTURING: This business was established in 1929 to manufacture caskets. It has operated continuously until the present, but the product changed to woven, hard-bottom, wooden, bushel baskets for packing vegetables. Eventually, the fresh seafood and bait industry discovered these baskets, and now they are the main customers for these products. Baskets for vegetables remain a smaller part of the customer base. Customers range up and down the eastern coast and out to Texas via the gulf. The owner started working at the business in 1954 and bought it in 1999. This is a simple business and current owner will thoroughly train the new owner. Located in the southeastern United States.
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