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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Michigan Businesses For Sale Categories   >>   

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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