Drywall Tools Manufacturing
Location Florida,United States
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1998
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training 2 Weeks Free Train.
Reason for Sale Other Business Interests.
Description This is an asset sale of a manufacturing / assembly company with 4 patented drywall installation related products. Manufacturing is contracted out to 2 different injection mold job-shops and then shipped to Florida for assembly. Inventory storage, assembly and packaging operations have been conducted from an 800 sq ft loft in the Seller's drywall company warehouse, on Florida's west coast and can be easily moved.
The primary products are a mudpan holder and a bullnose bead sander. Until the invention of the sander, the only way to properly clean bullnose bead was to spend precious time hand sanding. The need for replacement sanding pads, once the sander is purchased, also creates a built in secondary accessory market for the sanding pads. The mudpan holder eliminates the ''tennis elbow'' caused from using a drywall mudpan for long periods of time.
Preliminary market testing consisted of some personal contacts of the owner and 3 trade shows, which generated considerable interest and several initial orders. However, due to the time constraints of growing a multi-million dollar drywall company and getting a new pest control company off the ground, the owner has not followed up to solidify those contacts into a growing, consistent and stable customer base. All of the initial groundwork for this company has been laid and needs an aggressive & focused marketing approach to get it off the ground. There is enough current inventory (at wholesale prices) included in the acquisition to recoup approximately 95% of the $150,000.00 asking price. Email or call Don at (281) 840-2727 for more information on this Drywall Tools Manufacturing business for sale.
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