Asking Price: $500,000

Gross Revenue: $944,000

Cash Flow: $103,000

Serving the Mid-West for over 55 years, this company designs and manufactures automation and conveyor systems to customer specifications. Products include all types of conveyors, automation equipment, material handling systems, carriers, lift units, transfer units, feed and fixture tables, foundry equipment, storage systems, dumpers and hoppers, accumulators, indexing systems, centrifuges, shredders and chip handling equipment. The Company’s services include coordinating the design, fabrication, and integration of production equipment for general assembly plants. Customers are primarily Mid-West based manufacturers.


Highlights

Founded 1953
Primary Sic Code 5084
Registered ISO 9001
Authorized vendor to automotive OEM’s NOL carryforward available - $740,000

Year Established: 1953

Relocatable: Yes

Facilities: The Company operates in a modern 13,800 square foot leased facility that is comprised of 10,000 sq. ft. of manufacturing, 2,200 sq. ft. of engineering and 1,600 sq. ft. of office space. Operations can be moved and consolidated with another manufacturer to save over $100,000 in facility expenses per year.

Market Outlook and Competition: This business acquisition offers entry to an established customer base and the opportunity for an existing manufacturer to eliminate significant overhead by integrating the Company’s established accounts into their current operations. The Company is owned and controlled by the President who wishes to support new ownership to grow the business in new markets and continue servicing the Company’s loyal customer base

Management Training and Support: As needed