For sale is a well-established manufacturing company located in southwest Missouri. The owners wish to retire.
All products are proprietary and are sold through distributors nationwide. Two newer lines of unrelated products are poised for dramatic growth.
The company operates with only a handful of employees besides the owners.
The Discretionary Earnings (also known as Normalized Cash Flow) of $242,485 was for 2017, and is after deducting the estimated debt service of $57,829 on the purchase of the real estate from which the business operates, which is also for sale (for $775,000) and which the owners wish to sell with the business.
The real estate is available through VR's sister company Professional Real Estate, LLC.
This business will qualify for SBA financing, since it has good books and records and is priced appropriately for its Discretionary Earnings.
Down payment for the business would be approximately $115,110, assuming an SBA loan, sales price of the business of $995,000, $100,000 borrowed for working capital, and loan expenses added to the SBA loan of $56,100.
Down payment for the real estate would be approximately $77,500, assuming a sales price of the real estate of $775,000.
Total down payment would therefore be approximately $192,610 for the business and real estate.
The sales price of the business, $995,000, includes $750,000 in inventory, at seller's cost.
This is an easy to operate business that is well-established and which has a substantial amount of upside potential. If you think it might be a fit, do not delay in requesting more information.