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Reputable Manufacturing Company With Own Product Line
Location Illinois,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2000000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1974
Number of Employees 10 - 19
Inventory 600000
Relocatable Yes
Number of Employees 10 - 19
Real Estate Owned
Training Term to be negotiated for any extended periods of time.
Reason for Sale Retirement after almost 35 years.
Description This an established company founded in 1974 which specializes in the design and manufacturing of material handling equipment utilized by companies for production in both the food and pharmaceutical industries. By focusing on developing custom engineering products of the highest quality for its customers, the company has built a reputation for being amongst the best manufacturers in its industry for over 30 years. This company is well-positioned in the marketplace. It has maintained long-term relationships with the majority of applicable Fortune 500 companies as well as numerous middle-market companies in the food and pharmaceuticals industries. All of the engineering is CAD based, and the company has internally developed unique software to automate numerous pricing, engineering and programming tasks. With its current equipment and by running multiple shifts, the company is capable of grossing in excess of $10 million annually.
The company currently operates out of a large, modern facility with high ceilings located in an industrial park within close proximity to the interstate. A long-term lease is available with terms to be negotiated with the owner. All manufacturing equipment and computer equipment are included in the sale of this business. Manufacturing equipment includes Amada CNC equipment for sheet metal fabrication and an assortment of machining, welding and finishing equipment.
This is an excellent acquisition target for a buyer who is willing to expand the marketing effort and build new distribution channels for the product. Contact us today to learn more about this incredible opportunity. Full Package provided with signed disclosure statement. Email or call 630-799-8288 for more information on this Manufacturing company for sale.
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