ACQUISITION OPPORTUNITY M-1739s

Cut and Sew Manufacturer - Extensive Product Lines

Turnaround Situation

This well-established (20+ years) Company manufactures a wide variety of products and sells into two large markets, approximately 70% and 30% of sales respectively.  Certain products are leaders in their market segment.

Customers include large and small retailers, distributors, catalogers, OEM’s and end users throughout the U.S with some sales outside the U.S. 

In recent years, sales have declined gradually and then dipped further in 2001 as a result of the continuing recession and due to the impact of September 11th.  Over the last few years, the Company has made some adjustments, but has continued to operate below breakeven on a recast basis. 

The owners of the Company feel new resources, new structure and new strategies are necessary to turn the Company around. 

INVESTMENT HIGHLIGHTS:

·         Market leader- certain products

·         Extensive customer list 500+

·         Long-term customer relations

·         Niche manufacturer- customer oriented, flexible and responsive

·         Sophisticated software provides detailed information on all aspects of the operation

PURCHASE PRICE: 

An asking price has not been established for the Company.  Analysis of the Company’s products, markets, operation, personnel, etc. and perceived future opportunities will lead to different value judgments among various buyers.  The Company will consider a stock or an asset based sale.  The real estate, which is owned by the Corporation is available for purchase ($1,250,000) or lease.

FINANCIAL SUMMARY  ($000):