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Established Niche Manufacturer of Utility Equipment
Asking Price:   $6,000,000Inventory:   $1,657,710 ++
Gross Revenue:   $10,186,966Real Estate:   n/a
Cash Flow:   $1,529,164FF&E:   $1,104,639 ++
++ included in the asking price         ** not included in the asking price
The company is a leading manufacturer of niche utility products and has been in business for over 50 years. The company is a leader in its space serving customers nationwide. The current owners are retirement age and have already positioned the company for a smooth transition. The owners have already begun positioning themselves for retirement as they spend 50% of their time at the company site. The bulk of the company’s products are sold to municipalities and counties through dealers and representatives and directly, as well as waste management corporations. Established, key management in place for ownership transition - owners are preparing for retirement and the company is well-positioned for transition. The company is a leader in its niche industry/space and has a reputation for quality products, which drives continued success. Significant Gross Margin improvements can be made through outsourcing various components of the manufacturing process. Growth through acquisition presents a strong avenue for growth but current owners have been positioning for retirement and have not had the energy to pursue. Furthermore, marketing at the company has been minimal, which yields an opportunity for a new owner to explore. The company has historically produced strong free cash flow. The company currently has Assets of about $5.6mm and no debt. Net Equity exceeds $5mm.
About the Business
Year Established:1957
Employees:40 full time -
Facilities:Stand alone in industrial park
About the Sale
Management Training and Support:The owners are willing to stay on with the company for up to a year to guarantee a smooth transition. A General Manager is in place to help lead the company going forward as well.
Reason For Selling:Retirement

KEYWORDS: The company is a leading manufacturer of niche utility products and has been in business for over 50 years. The company is a leader in its space serving customers nationwide. The current owners are retirement age and have already positioned the company for a smooth transition. The owners have already begun positioning themselves for retirement as they spend 50% of their time at the company site. The bulk of the company’s products are sold to municipalities and counties through dealers and representatives and directly, as well as waste management corporations. Established, key management in place for ownership transition - owners are preparing for retirement and the company is well-positioned for transition. The company is a leader in its niche industry/space and has a reputation for quality products, which drives continued success. Significant Gross Margin improvements can be made through outsourcing various components of the manufacturing process. Growth through acquisition presents a strong avenue for growth but current owners have been positioning for retirement and have not had the energy to pursue. Furthermore, marketing at the company has been minimal, which yields an opportunity for a new owner to explore. The company has historically produced strong free cash flow. The company currently has Assets of about $5.6mm and no debt. Net Equity exceeds $5mm. MMMA 06-100


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Seller ID:06-30RR
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Business Listed By
D. Curtis  |  ABMI- Mergers & Acquisitions
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Industry: Manufacturing
Segment: Electronic Equipment Manufacturing

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