Exciting Manufacturing,41% increase, Custom Work, Niche

Acquire an exceptional operator manufacturing rubber gaskets and sealing solutions for a variety of settings. Business comes with a seasoned and accomplished staff ready to grow revenues for new owner. This is not mass production or manufacturing, rather it is more custom fit products creating supply for the demand of such niche Light manufacturing of rubber product used to prevent seepage of liquids out of their containers. Applications include both liquids and gases. Presently, our owner dedicates about 20 hours per week to operating the business. Two key employees who have no interest in leaving the company are the owner’s two adult children. Both are active in the company. Company sells to the oil and gas manufacturing facilities, chemical plants, chemical marine barge lines and the transportation industry including over-the-road carries and rail roads. This is a diverse customer base. Seller will leave behind Accounts Receivables to facilitate buyer obtaining an operating line of credit secured by inventory and AR's Location: Texas Year Established: 2003 Number of Employees: 6 Real Estate: Owned Building Sq. Ft.: 13,000 Facilities: Building has gross area of 13,000 square feet. The building was built in stages. There is the original part and four expansions. The building is a one story structure constructed from masonry steel and glass. Included in the sale is a lot that presently serves as parking for the property. Market Outlook/ Competition: Business has a friendly relationship with their competition. They sell and purchase from several in town. What differentiates the company from the competition is their size. As a smaller operator this allows greater ability to make decisions faster and expedite products with more efficiency than a larger company. Company does not over charge the customer when they ask for an expedited shipment. Every order is expedited. Growth & Expansion: At present orders are up 41%. There is plenty of both local and regional opportunities.