Manufacturer Of Material Handling Equipment
Location: United States -> Minnesota -> Twin Cities
Industry: Manufacturing > Other Manufacturing
Businesses for sale Summary
Highly profitable: 16%+ EBITDA niche manufacturer of Material Handling Equipment for Large box retail concepts. Over 300% growth in sales over last 3 years. The business has been established over 17 years. Their have developed a strong and diverse customer base while increasing revenue and profits annually. The business has an excellent reputation within manufacturing of material handling niche, and there are very high barriers to entry within their industry and customer concentration. The Business holds a recent patented material handling system that is currently being introduced to their current customer base designated for the retail floor area. Currently 70% of the business being done is through backroom storage. The business is very well poised for significant growth based on this new entry to the retail floor with existing customers, but also will allow for the sellers to develop relationships with new customers. They currently have purchase orders well into 2009. Please email or call Dan Arcand for more information on this Material Handling Manufacturing business for sale at 651-484-2677. This business for sale is presented by Sunbelt Business Brokers – Midwest.
Financials
Asking Price Range: $1.0M – $2.5M
Gross Revenues: $2,111,890
Cash Flow: $313,159
Cash Flow Type: Sellers Discretionary Cash
Inventory: $325,000
Seller Financing: Yes
About The Business
Year Established: 1991
Number of Employees: 4 – 5
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Reason For Selling: Retirement.
