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Businesses For Sale   >>   Iraq Businesses For Sale

Complete Pen Manufacturing Equipment

Location  Iraq
Asking Price Range  < $250K
Gross Revenues  $120000
Net Profit / Cash Flow  $50000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1991
Number of Employees  1 - 3
Inventory  100000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  we will train
Reason for Sale  Company wants to sell its writing instrument business and concentrate on personal care items it has developed.

Description  
Writing instrument manufacturing. Complete set of multi cavity injection molds , fabrication and automatic assembly equipment for the manufacturing of two ball point pens and three markers including a double ended one with roller ball and highlighter combo. The ball point pens are refillable. All the molds and the equipment were made in USA and are located in California USA. All pen caps have breather channels and are child proof. The reason for the sale is the high cost of labor in USA . As an example , the stic ball point pen assembly machine produces 22,000 pens per 8 hours with one operator, hot stamp printed if needed, but still it is hard to compete with the low cost imported pens in USA.


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