Manufacture / Assembly Jewelry Service / Recognition Awards
Location Massachusetts,United States
Asking Price Range < $250K
Gross Revenues $414482
Net Profit / Cash Flow $135157
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1986
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training As needed for a smooth transition.
Reason for Sale Retiring.
Description ASKING ONLY $175,000.
Excellent and steady cash flow. The company makes recognition, service and incentive jewelry. It has a long time solid customer base and a niche with customers for small to medium size orders that mass production manufacturers will not fulfill. Specializing in stamping and engraving of lapel pins, corporate logo stamping and specialty custom work.
This is an excellent owner operator for maximum cash flow. Sub-contractors perform 75% of the production. The company does the finish work for quality control that requires minimal equipment. Scraping of the Gold & Silver produces a secondary income and cash flow. In business for over 25 years. Trade shows & marketing will significantly increase sales.
1,500 sq. ft. of warehouse space, inexpensive rent, business and equipment can easily be moved to another location. Equipment are bench grinders and a small sand blaster.
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