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Material Handling Solutions Provider Business For Sale
Location Michigan,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $11000000
Net Profit / Cash Flow $1300000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1958
Number of Employees 50 - 99
Relocatable No
Number of Employees 50 - 99
Real Estate Owned
Description Founded many years ago, this Midwest based company specializes in providing a single source for both the design and construction of various types of proprietary machinery for the defense, automotive, aerospace, agriculture, and appliance industries. The company provides its customers with an attractive return on investment through innovative material handling solutions. The company's product mix includes automated guided carts (agcs) and materials handling equipment, as well as assembly and ergonomic equipment. The company has the ability to design for a variety of on-site applications with its experienced staff and state of the art technology. The company provides full turn-key capabilities including optional design services, offering custom made machinery to meet the specific parameters set by the customer. The company's customers experience increased production, improved efficiencies and better use of floor space, which all contribute to positive cash flow. Its customers also benefit from decreased operating expenses such as labor, training, product damage, and workman's compensation claims.
Investment highlights
Successful diversification - diversification is a valuable achievement. The company has a distinct edge due to its forward-thinking diversification strategies and technical savvy. The company has successfully diversified its customer base into strategic profitable industries such as aerospace, defense, agricultural, transportation, and appliance and is quoting strong.
Patented products - the company has researched and developed several patented products, including niche product lines. As large tier 1 suppliers migrate from traditional material handling systems, the company is well-positioned to expand its current market share and capitalize on its products including automated delivery systems.
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