Leading Musical Manufacturer Wanting Strategic Buyer! (17649)
RetailFor Sale in Nogales, AZ
Financial & Assets Details
About the Business
Accepting Offers Under $5M! From Arizona State, using methods long-trusted since the last century, largest USA manufacturer of high quality woodwind instruments, reeds, parts, cases and other musical accessories ships to a wide radius that reaches Mexico, Canada Brasil, Central and South America, China, Japan, and Europe. Custom made to the specifications of each client unsold from existing inventory, company supplies and imports its acclaimed superior products to thousands of dealers, wholesalers and large corporations such as Guitar Center worldwide. Benefited by 37 years since being established in Italy, listing calls for a new investor with strong capital and aggressive marketing to seek an achievable world market control. Headquarters is a collection of two prime production facilities totaling 13,000 square feet that feature ample parking lots, offices and commercial zoning; as well as additional locations in Switzerland & China. Found in excellent condition able to handle extra capacity for any interested expansion, the properties are available for triennial leasing and their purchase terms outside of asking price are also negotiable. Boasting a global customer base, distribution and stellar reviews, current advertising efforts include conventions, a referral source system, website and social media, plus a 10% e-commerce to Amazon and Ebay. Thanks to a skilled personnel with field experience, buyer can adapt to company’s streamlined operations during a 3-6 month transitioning period while focusing on growth opportunities. Showing consistent Gross Sales and a greater US market share in the last few years, Total Revenues for 2019 summed values of $902,450 alongside Seller Discretionary Earnings of $293,504. Based on an independent evaluation!
Financing can be negotiable for the appropriate buyer.
Support & Training
3 to 6 month transition period.
Reason for Selling:
Approaching retirement and/or pursuing other interests.