Fine Writing Instruments Company For Sale - US Made
Location Rhode Island,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $9000000
Net Profit / Cash Flow $310000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1940
Number of Employees 10 - 19
Inventory 800000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training As needed
Reason for Sale Retirement
Description An approved GSA US made fine writing instruments. Business has been in operation since the 1930's. Capacity of the business is over $9 million in sales. Owner is retiring. Business has no sales department or salesforce.
THIS WOULD BE A PERFECT ACQUISITION FOR A COMPANY WITH DISTRIBUTION IN PLACE WHO COULD USE THE EXCESS BUILDIING CAPACITY FOR WAREHOUSING OR FOR ADDINDG A SUBSIDIARY. Plant is partially automated. Workforce is crosstrained and loyal. CFO would stay on and wears a lot of hats in the company. Beautifully restored mill is amazing to see. Executive offices have waterviews. Updates were done with attractiveness and longevity in mind.
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