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The
company has a diverse customer base that is concentrated regionally
but extends throughout the U.S. No customer accounts for more than 5-10% of sales, and in
total, the company has an active customer base of over 300
companies.
The
company leases a modern facility located within 55 miles of
Cincinnati, Ohio.
The
company has implemented an exciting new approach to its business by
developing a standard line of product. Customer response has been
very positive as witnessed by record
sales last year.
The
company is currently in the process of investing in promotion of its
standard line, hiring of new salespeople and expansion of its
production capability. The company expects sales to reach
$15,000,000 in 2003. Profitability for 2001 will only be
modestly higher (as shown) as the cost of this investment for future
growth is absorbed.
The
Company is offered for sale at $6,000,000 (3.6 multiple of earnings)
as a stock purchase with a net book value of $1,500,000.
Financial
Summary (000's)
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