Refine/Revise Search
Asking Price: $4,400,000

UNDER CONTRACT - Legacy Industrial Products Manufacturer - SoCal

Not Disclosed, CA
Los angeles County

UNDER CONTRACT - NO FURTHER INQUIRIES WILL BE ACCEPTED AT THIS TIMEBusiness and Building OfferedThis company has received numerous patents and has been manufacturing specialized industrial products for scientific and governmental agencies for over 65 years. The majority of products manufactured are commonly considered to be the “Gold Standard” for design, manufacturing and functional quality. Specialized processes the company performs have largely not been replicable anywhere in the world. The owner cites technological excellence, the diverse product line, and the long tenured, knowledgeable employees as the major elements of the companies successful operating history.The company manufactures to stock and to order. The major product lines are sold through distributors with whom the company has long standing distribution/rep agreements with.There is a potential for growth, both domestically and internationally, via additions of products to existing distribution agreements and via establishment of distribution agreements with international distributors with whom the company is familiar with and has had conversations with. The current obstacle to increasing distribution is that ownership is ready to divest/retire and doesn’t want to incur debt to finance expansion. The company is currently free of debt beyond normal trade accounts payable.The company employs seven, including one of the owners, who acts as General Manager. The other employees include an Accounting Manager, Accounting Assistant and three factory workers. Since Covid restrictions, the General Manager has been working largely from his home office in Ohio.The business and the building are owned by two individuals. One of the owners has actively managed the business for the past twenty-two years. The other acquired his interest upon the death of his father. The owner’s first priority of divestment is the preservation of the jobs of the employees who have faithfully served the business. As such, offers will not be accepted for the building only.The ideal buyer for this business would be a strategic buyer that manufactures complimentary or related industrial products, who can move their operations to this location to leverage the space and debt service of the building.The CIM will be provided after execution of NDA and Buyer profile which presents potential buyer background, experience and financial capacity to close the transaction.

Cash Flow $200,000
Revenue $1,000,000

Asking Price: $595,000

Uniquely Designed Sports Bar; $3 Million Sales

Not Disclosed, CA
Not disclosed

Uniquely Designed Sports Bar; $3 Million Sales; $150,000 Profit; 25 Year LeaseRRC# 4894Location: Central Coast Description:This uniquely designed sports bar is located in a popular coastal city and is handsomely designed and there is over $1 million invested in this facility. The seller wants to sell as he is involved in other projects and can't spend the time necessary to maximize this opportunity. There are two dining rooms, an outdoor seating area, a bar and cocktail lounge, full kitchen, prep kitchen and the facility can hold up to 400 people for special events. In the dining rooms there is a combination of banquette seating, booth seating and table and chairs and in the cocktail lounge there is a combination of bar height tables and bar stools and tables and chairs. There are attractive hanging light fixtures, high ceilings and finished concrete floors throughout. Additionally there is an office area, storage area and ADA restrooms. Some of the equipment includes as follows: 11' and 6' type 1 hoods with fire suppression systems, 6 burners over oven, 6 burners, 3' char grill, 3' flat grill convection oven, 2 double basket fryers, full deck pizza oven, 5 ice wells, 3 - 3 compartment sinks, 14 taps, 3 -2 door under counter refrigerators (1 with sandwich station),. 3 -3 door under counter refrigerators (1 with sandwich station), 3 glass door under counter refrigerator, 2 -2 compartment sinks, 2 utility sinks, POS system, 2 -3 door under counter refrigerators sandwich stations, slicer, 4 - half door refrigerator, ice machine, counter mixer, microwave, 2 walk-in refrigerators, walk-in freezer, 2 hand sinks, dish washing sink rinse hose, 2 food warmers and mop sink, etc. This operation is one of the few in the area that can serve alcohol to 2a daily. The lease has 5 - 5 year options and each period is adjusted annually by the CPI with a minimum of one percent (1%) a year and a maximum of four percent (4%) per year so you can project your rent for the next 25 years and the lease is assignable. Past sales and profits are as follows: 2022 - $3.4 Million Sales, $475,258 Profit; 2023 - $3.3 Million Sales, $499,827 Profit. Sales and profits are down in 2024 due a slower economy, less tourism in the area and the uncertainty of the Presidential election. Consequently there is a large upside for increased sales and profits for an experienced hands on owner operator.Financial Information:Monthly Revenue: $250,000 Monthly Cash Flow: $12,500 Annual Revenue: $3,000,000 Annual Cash Flow: $150,000 General Info:Ownership: LLC Established: Contact For InfoEmployees: Contact For Info Reason For Sale: Other InterestsMonthly Rent: $17,292 all inclusiveExpiration: 1 year plus 5 - Five Year Options Facilities:Square Feet: 8,000 Seating: 300- 400 Parking: Street and public parking lotsLicenses: Business, ABC Type 47 License (hard liquor) Days/Hours of Operation: 7 days: 10a/11:30a -1a: -Lunch and Dinner; SA, S Brunch and Dinner

Cash Flow $150,000
Revenue $3,000,000

loading...
TOP ▲
Add Businesses and/or Franchises
To Basket For Free Information

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.