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: [email protected]

• 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.