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| Asking Price: |
$247,000 |
Status: |
Active |
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| Business Type: |
Manufacturing / Electronic And Other Components
Retail / Retail - Others |
Reference #: |
LOU1591 |
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| Business Location: |
Michigan |
Broker Coop: |
No |
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Annual Income Information |
Labor Information |
| Gross Sales: |
$380,000 |
Full-Time Employee: |
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| Cash Flow: |
$140,000 |
Part-Time Employee: |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
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Leased SqFt: |
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| Year Established: |
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Rent /Month (Include NNN): |
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| Accounting Info(years): |
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Lease Exp.Date: |
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| Franchise: |
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Original Lease (# of yrs): |
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| Liquor License: |
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Lease Left (# of yrs): |
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| Seating Available(#): |
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Lease Option (# of yrs): |
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| Parking Space(#): |
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Lease Renewable: |
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| Hours of Operation: |
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Lease Transferable: |
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| Reason For Sale: |
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Rent Increase: |
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| Seller Training Available: |
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Price Description |
Financial Information |
| Real Estate Included: |
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Seller Cash Out: |
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| Real Estate Value: |
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Seller Financing Available: |
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| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
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| Fixture & Equipment Value: |
$18,975 |
Seller Financing Term(years): |
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| Inventory Included: |
Yes |
Annual Interest Rate: |
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| Inventory Value: |
$42,000 |
Min. Down Requested: |
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Business Description |
Manufacturer of Fatigue Testing Equipment. The company manufactures 4 main fatigue testing machines. These machines range from $10,000 to $40,000. Approximately 75% of the sales are within the USA and 25% of sales are to foreign customers. The projected sales for 2009 calendar year are approximately $500,000. Included in the sale price is $18,975 of Fixtures, Furniture & Equipment. Also included is $41,000 of inventory at cost. **SOLD** |
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