Manufacturer Of Household Appliances
www.GlobalBX.com
Listing ID:
700111920
Listing Title:
Manufacturer Of Household Appliances
Quick Link:
http://www.globalbx.com/listing.asp?bId=111920
Industry:
Manufacturing
Industry Segment:
Other Manufacturing
Country:
United States
State / Province:
Virginia
Area
City:
Asking Price Range:
$10.0M - $20.0M
Gross Revenues:
$15,000,000
Cash Flow:
$1,650,000
Cash Flow Type:
EBITDA
Year Established:
1975
Number of Employees:
> 200
Business Description:
Headquartered in the US with a factory in China, the Company designs, manufactures, and exports electrical household appliances. It has been dealing in international trade with Asia for over 3 decades and supplying high quality kitchen appliances to OEM customers in North America for the past 12 years. Products include coffee makers, roaster ovens, toaster ovens, and hot plates that are carried by major retailers from Wal-Mart and Target to Williams Sonoma and Bed Bath & Beyond. Products are sold in the US (77% of sales), Canada (10%), and Mexico, Central and South America (13%). Operating from a combined 330,000 square feet, the Company has a production capacity of 2.5 million units annually, which is expected to provide ample capacity to accommodate future growth. Growth opportunities include geographic market expansion into areas such as Europe, designing products that cater to ''green'' standards, and expanding the product line to include electric kettles, electric grills, medical devices, beauty care, and outdoor appliances.
>30+ Years Experience in Asia - Over A Decade on Designing and Manufacturing Quality Household Appliances-
>Manufactures One Out of Every Three Roaster Ovens Sold in the US
>95% Repeat Business Annually is a Testament to Customer Loyalty
>Export Markets Include US, Canada, Mexico, Central & South America
Operates from Six Main Buildings Totaling 330,000 Square Feet
Contact for more information on this Household Appliance Manufacturing business for sale.
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