OFFER TO SELL
Client No. 02043-S

Business: The company manufactures metal spiral and circular stairs for the residential, commercial, industrial, and institutional markets. The company is located in the Eastern U.S.

Sales:
Year Ending December 31, 2003 $2,285,315 (Estimated)
Year Ending December 31, 2002 $2,247,358
Year Ending December 31, 2001 $2,181,246
Year Ending December 31, 2000 $2,268,929
Year Ending December 31, 1999 $1,778,328

Employees: The Company currently employs 31 full-time employees.

Reason for Sale: Company needs additional working capital to increase sales and marketing effort.

Terms and Price: Seller seeks an asset sale. Terms and price are dependent on the structure of the sale.

Fees: Penn Capital Group, 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 communications, inquiries, and requests for information should be directed to:

R. Dennis Hollinger
PENN CAPITAL GROUP, L.L.C.
P.O. Box 241
Lititz, PA 17543

Phone: 717-626-1127
Fax: 717-625-4888