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Established Manufacturing Operation
Location: United States -> Michigan
Industry: Manufacturing > Other Manufacturing




Business Summary

This is a very straight forward albeit unusual opportunity. A group of 5 corporations are awaiting proceeds from 5 separate insurance settlements. These settlements are being held in an escrow account and total $939,789.53 and may take up to twelve months to pay. Corporations are winding down their operations and formal dissolution of corporation is pending receipt of settlement. Buyer to take an assignment of insurance proceeds through company stock sale and wait for payout. Investment is $770,627.41. Email or call Ken at 248-852-8645 for details on this Manufacturing business for sale.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $939,789
Cash Flow:   $939,789
Cash Flow Type:  EBITDA
Seller Financing:  Yes

About The Business

Year Established:  1988
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Liquidity issue.




Print Listing Id: 700118344
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Also See: Franchise Opportunities > Franchise Resales > Michigan Businesses For Sale > Michigan Franchises For Sale > Michigan Business Brokers



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