Established and Reputable Illinois Manufacturer
| Asking Price: | Not Disclosed | Inventory: | |
| Gross Revenue: | $108,000 | Real Estate: | n/a |
| Cash Flow: | $92,430 | FF&E: | $80,000 ++ |
| ++ included in the asking price ** not included in the asking price |
Company Overview- Company Overview- We are representing an established manufacturer specializing in the monitoring of energy. The company supplies both new units and replacement parts for different brands. The company on a 5-year average is as follows: Gross Sales- $230,000 EBITDA- $ 190,00 COGS- $ 14.5% New Owner Scenario- This business would best be described as "turnkey." The current owner(s) have virtually let it run itself with very little marketing. Relying solely on word of mouth and reputation, the product continues to sell and could be described as recession proof. Full disclosures of financials as well as creative financing may be available to qualified buyer(s). This is an opportunity for an individual or group to buy into a business with attractive earnings and margins at an affordable price. The Current owner is eager to work with a new buyer and will also stay on as a consultant for a negotiated period of time to ensure a smooth transition. Currently interest lies in another unrelated business and time is simply not available to operate and grow both businesses.
About the Business
Year Established:1993
Employees:1 full time -
Facilities:The business is located in the Chicago Area and the building is 4500 sq. ft. with some office space available. The building is very clean and the current lease is very attractive but the business has the ability to be relocated.
Market Outlook and Competition:The customer base is comprised of an impressive list of municipalities, academic institutions and large industrial/manufacturing operations. The majority of the base is located in the Midwest and along the East Coast. The ability to market and obtain business outside of the U.S. market is attractive as well as realistic
About the Sale
Reason For Selling:The sellers are pursuing other interests.
Seller Financing:Seller is willing to hold a portion of the note to well qualified buyers.
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