Patented Eye Wear Manufacturer

Location: United States -> Mississippi
Industry: Manufacturing > Clothing and Footwear Manufacturing

In 1996, this eyewear manufacturer and distributor was established to produce and market eyewear for several different specialized markets. The current ownership of the company acquired the operations in late 2000, and has successfully grown the business to be a leader in the industry of camouflage eyewear. Revenues generated by the business have increased each year. At this point in time, the owners of the company wish to sell 75% of the outstanding shares of stock of the corporation so that this growth trend can continue. Personal health issues and approaching retirement years are additional motivating forces behind this proposed transaction. This profitable company manufacturers and distributes camouflage eyewear under a protected patent. The ownership of this patent is to be included in this transaction. Eyewear of this type are in particular demand by sportsmen and specialized military personnel who understand the need to conceal the movements of the human eye to hide completely from approaching animals and other foes. Coverage of the human eye with a camouflage is important so that the movement of the eye will not give away a person’s position. These glasses are a particular advantage when hunting animals such as turkeys that have a keen sense of vision and can detect the slightest movements in their surroundings. The construction of the frames and lenses are formed in a wraparound shape so as to completely hide the wearer’s eye, including the peripheral vision of the wearer’s eyes and the movement of the eye is not visible to one viewing the wearer. The glasses are manufactured in a number of different camouflage patterns so as to offer the ability of the hunter to blend in completely with a variety of different settings and outdoor terrains. Contact for more information on this Patented Eye Wear Manufacturing business for sale.

Financials

Asking Price Range: $1.0M – $2.5M
Gross Revenues: $257,370
Cash Flow: $109,301
Cash Flow Type: Sellers Discretionary Cash
Inventory: $92,000
Seller Financing: Not Disclosed

About The Business

Year Established: 1996
Number of Employees: 6 – 9
Relocatable: Yes
Franchise: No
Current Real Estate: Leased
Property: Property For Lease

About The Sale

Reason For Selling: Retirement.