Material Handling Company For Sale
Location Virginia,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2447869
Net Profit / Cash Flow $438658
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1998
Number of Employees 10 - 19
Inventory 595000
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training Yes
Reason for Sale Retirement
Description Predominant Material Handling Company
Eastern Virginia
An exceptional material handling company that provides sales, rentals and service in a growing metropolitan market. Profitable and well established, the business is highly regarded in its niche for outstanding service and responsive support. The business has a long profitable history with a substantial customer base that grows primarily due to referrals of existing clients.
Products offered include new and used forklifts, in-plant offices, storage racks, shelving, conveyors and dock equipment. In addition, the company has an experienced certified service staff and comprehensive parts department. Customers rely on the preventive maintenance program to insure that each new or used forklift purchased or rented is 100% ready to perform its task.
The Company has continued to realize profitable growth. Its expertise is in high demand. Revenues are achieved with minimal marketing. The company does have an exclusive territory for new forklifts, but it is the intelligent diversification of the business mix that has allowed the company to always increase its bottom line. Reason for sale is retirement.
For an existing material handling company, this is a great strategic acquisition opportunity to immediately purchase a predominant established material handling company to capitalize on its long term goodwill, reputation and client base. Upon proper qualification of the potential acquirer, including the customary exchange of financial information and confidentiality agreements, a detailed Confidential Prospectus will be provided. All inquiries will be held in strictest confidence.
Purchase Price: $2,200,000
Gross Revenues: $2,447,869
Cash Flow: $ 438,658
FF&E: $595,000
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