For over 56 years (since 1967), the business, located in SC, USA has established itself as one of the most established globally recognized brands in the world for used textile machinery and equipment sales. From specializing in textile-related machinery in the 1960’s to diversifying its offerings in the 1990s, today, the company caters to a wide range of industries, including yarn manufacturing, fiber and plastic extrusion, dyeing and finishing, knitting, nonwovens, recycling, converting, and many others. Down the line, they added their e-commerce site that focuses on surplus equipment, parts, and industrial inventory. They boast an impressive track record of estimated total sales between $80-100 million, and consistent estimated annual sales ranging from $1.5 million to over $5 million. Thanks to strong industry relationships, they are able to secure equipment at minimal or scrap value. This provides the unique opportunity for substantial profit margins. The business has built and maintained strong relationships with customers and equipment dealers worldwide, earning a reputation and word of mouth marketing as a reliable supplier. This network forms a rich intangible asset that provides a steady stream of high-quality equipment and a loyal customer
base. Acquiring the business is a lucrative opportunity for investors who are looking to enter the used equipment market with an established brand of proven profitability and vast growth potential.
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First Choice Business Brokers
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.
The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read First Choice Business Broker, Terms of Use before responding to any ad.
Listing Number:
Category:
Location:
Listed Price:
For over 56 years (since 1967), the business, located in SC, USA has established itself as one of the most established globally recognized brands in the world for used textile machinery and equipment sales. From specializing in textile-related machinery in the 1960’s to diversifying its offerings in the 1990s, today, the company caters to a wide range of industries, including yarn manufacturing, fiber and plastic extrusion, dyeing and finishing, knitting, nonwovens, recycling, converting, and many others. Down the line, they added their e-commerce site that focuses on surplus equipment, parts, and industrial inventory. They boast an impressive track record of estimated total sales between $80-100 million, and consistent estimated annual sales ranging from $1.5 million to over $5 million. Thanks to strong industry relationships, they are able to secure equipment at minimal or scrap value. This provides the unique opportunity for substantial profit margins. The business has built and maintained strong relationships with customers and equipment dealers worldwide, earning a reputation and word of mouth marketing as a reliable supplier. This network forms a rich intangible asset that provides a steady stream of high-quality equipment and a loyal customer
base. Acquiring the business is a lucrative opportunity for investors who are looking to enter the used equipment market with an established brand of proven profitability and vast growth potential.
Financial Information
Gross Revenue:
Listed Price:
Down Payment:
Total Income:
Year Established:
Lease Information
Square Feet:
Total Rent:
Lease Expiration:
Lease Options:
Asset Information
Leasehold Improvements:
Equipment / Fixtures:
Inventory:
Other Assets:
Additional Information
Full-Time Employees:
Part-Time Employees:
Special License Required:
Contract Staff:
Training Period:
Reason for Selling:
First Choice Business Brokers
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.
The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read First Choice Business Broker,
Terms of Use before responding to any ad.
