#Business ID: 19904
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Business Location: Massachusetts, United States
| Asking Price: BUSINESS SOLD | Revenue: $ 1,200,000 | Cash Flow: $ 50,000 |
1992
Lease
$ 45,000
$ 250,000
This Company operates out of a 5,860 square foot building, workshop, and production facility headquartered in, Massachusetts. The building is expected to provide ample capacity to accommodate substantial growth. The Company’s staff totals 10 full-time and 1 part-time.
Company has not engaged in any formal advertising efforts. A focused advertising campaign would introduce the brand and the Company’s wide range of products to potential customers. Upgrading the Company’s website to increase traffic and utilize social media platforms would be one possible way to advertise more effectively.
Expanding the Company’s existing dealer base beyond the greater metropolitan area, where the Company does not currently have a strong presence, is an opportunity for growth cited by management. Hiring regional sales representatives in high margin territories, such as the Eastern Seaboard of the US, Business will diversify its geographic mix while improving profit margins. Management also indicated additional operations can be supported from the existing locations until a satellite facility could be self-sustained in the new target areas. Despite operating a professional websites, the Company does not currently have the capability to generate revenue from on-line sales. By establishing a web-based store, the company could not only better meet the needs of local clients, but also reach customers located globally.
9
The current shareholders are willing to remain with the Company during a brief period to ensure a smooth transfer of ownership.
Seeking liquidity and capital investor.
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