Glass Annealing Ovens Manufacturer – Providing Annealing Services . SBA Approval pending
Price: $960,000
Location: Utica Oneida County, New York
Industry: Manufacturing
Listing ID: 1112021
Glass Annealing Ovens Manufacturer – Providing Annealing Services . SBA Approval pending.
The company is a full-service manufacturing business that specializes in building silicon glass and quartz industrial ovens for the annealing process. This business offers wide range of products for the Semi-Conductor, Fiber Optics, Glassblowing, Ceramics, Chemical and Environmental industries. The manufacturing facility is fully equipped for end-to-end production of ovens per the customer’s specifications. The company provides on-site ,very profitable , annealing services. Buyers should realize the strong demand for the company’s ovens and services. Serious potential growth in the right hands. The company is booked with oven production orders for the next 2 years.
Established in 1950, the company operates in a 10,000 SF facility located in upstate New York. The real estate is also available for purchase and is incidental to sale of the business. Open 5 days a week. The business is priced to sell with a highly motivated owner. Seller will provide hands on training to ensure a smooth transition. SBA pre-approval is underway.
For more information, please contact: msussman@inbargroup.com
• Asking Price: $960,000
• FF&E: $250,000
• Annual Cash Flow: $450,000
• Gross Revenue: $1,000,000
• Inventory: $200,000
• Employees: 3 Full-Time
• Monthly Rent: $2,500
• Security Deposit: $5,000
• Down Payment: Negotiable
• Open: 5 Days
• Building Size: 10,000 SF
• Established: 1950
Listing Details
Cash Flow: $450,000
FFE: $250,000
Inventory: $200,000
Reason For Sale:
Owner is seeking retirement.
Training & Support:
Seller will train and support to ensure a smooth transition.
Operation
Year Established: 1950
Days & Hours of Operation: 5 Days week, Monday - Friday
Non-Owner Payroll: $40,000
Employees: 3
Location
Security on Lease: 5000
Monthly Rent: 2500
Type of Location: Single Location.
Square Footage: 10000
Summary
Potential Growth:
There is plenty of room for potential growth and expansion.