Manufacture and Design of Material Handling Products (ID: 1033608)

FINANCIAL DETAILS
Asking Price: $2,150,000
Gross Revenue: $3,400,000
Cash Flow: $500,000
Inventory: n/a **
Real Estate: $850,000 **
FF&E: $415,000 ++
Business Listed by G. David Whitmore, CBIWhitmore, Prokes, Micallef & AssociatesView All of My Listings
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Manufacture and Design of Material Handling Products
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Business Description

Manufacturer and prototype design, with the emphasis on design and prototype, of racking systems for various industries.

About the Business

Year Established: 1991
Number of Employees: 25

Facilities: 30,000 sq ft in two adjacent buildings. Room to grow withing existing facility

About the Sale

Reason For Selling: Owner has grown the business to his comfort level. Poised for significant growth. Needs admin, and marketing expertise. Has had no outside sales.

Training/Support: Owner willing to stay on for a year for transition with an employment contract

Seller Financing: Seller will consider some financing depending upon the terms of the sale

LISTING KEYWORDS: Material handling, manufacturing, prototyping

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