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| OFFER TO SELL Business: This 66 year old company manufactures very high end wooden garage doors (carriage house doors) for residential, architectural, and commercial clients. The manufacturing facility is 73,000 sq. ft. on roughly 20 acres and is located in the Middle Atlantic Region. Most direct customers are located in the Eastern/Middle Atlantic area, but a distribution channel services the entire Eastern half of the United States. Sales: Employees: The company currently employs 4 management/administrative personnel and 11 full-time union employees (International Association of Machinists & Aerospace Workers). It is an amicable union situation with a contract that expires June 30, 2006. Reason for Sale: The company is privately owned and the owners wish to retire. Terms and Price: Terms and price are flexible depending upon the structure of the sale. Fees: Penn Capital, L.L.C. has been engaged exclusively to sell this company and our fee is paid by the seller. More detailed information will be supplied to serious buyers upon the signing of a confidentiality agreement. A verification of the potential buyer’s financial capabilities will be required. All communication, inquiries and requests for information should be directed to: Lawrence N. Blake Phone: 610-388-7119 |
