World Renowned Craft Equipment Manufacturer For The Textile Industry - Business for Sale
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Textile Craft Equipment Manufacturer in Northern California
CA, US
Added 4 months ago
Textile Equipment Manufacturing
50 years in business
This Northern California business manufactures and sells new and reconditioned craft equipment, accessories, and automation software for the textile industry, operating for 49 years with global sales and a 13,250 sq ft facility.
Key Information
Asking
$949K
Revenue
$1.0M
Earnings
$150K
Multiple
6.3x
Key Highlights
- Business has been in operation for 49 years and under current ownership for 21 years.
- Full-time employees: 8.
- Inventory valued at $250,000 is included in the sale.
- FF&E valued at $150,000 is included.
- Business operates from a 13,250 sq ft facility with monthly rent of $11,000.
- Real estate is available for purchase at $2,100,000.
- Down payment required is $949,000.
- Seller will provide 2 weeks of training at 30 hours per week.
Contact Info
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