Established Manufacturing Operation
Location Michigan,United States
Asking Price Range $500K - $1.0M
Gross Revenues $939789
Net Profit / Cash Flow $939789
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1988
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Liquidity issue.
Description This is a very straight forward albeit unusual opportunity. A group of 5 corporations are awaiting proceeds from 5 separate insurance settlements. These settlements are being held in an escrow account and total $939,789.53 and may take up to twelve months to pay. Corporations are winding down their operations and formal dissolution of corporation is pending receipt of settlement. Buyer to take an assignment of insurance proceeds through company stock sale and wait for payout. Investment is $770,627.41. Email or call Ken at 248-852-8645 for details on this Manufacturing business for sale.
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