National OEM - Testing & Measurement Instrumentation

Contact Seller
Trademarked & Patented Products Sold Worldwide, 36-38% Gross Margins
Asking Price:
$3,375,000

Gross Revenue:
$5,307,667
Cash Flow:
$632,418
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,800,000
not included in asking price

FF&E:
$1,900,000
included in asking price

Real Estate:
$2,200,000
not included in asking price

Share this business:

Business Description

Our client is an OEM of vehicle engine testing equipment. Their products are trademarked and patented and sold worldwide. Although this sector of manufacturing is broad and can include aircraft engine, meteorological, nuclear radiation, stress relief testing equipment and more, our client’s focus is within the area of engine testing. They control the entirety of their manufacturing process and thus typically win on quality, but are also known for providing customers with the “most bang for the buck.” Their products have advanced features, which are typically not found at their price point.The Company has managers and systems in place for every function. The business has been run as though it’s not for sale, with continual improvement in systems, process and equipment. The business shows incredibly well with an impeccable and impressive facility and team.

About the Business

Year Established:
1970
Number of Employees:
30
Real Estate:
Owned
Building Sq. Ft.:
30,000
Facilities:
The Company operates out of a modern 30,000+/- square-foot facility on approximately 3.5 acres. The facility is owned by the founder and his wife. The building is available for purchase at $2.2 million, or for lease at $15,568.00 per month. The owner’s strong preference is to sell the building with the business.
Website:
www.acceleratedmfgbrokers.com/manufacturing-business-listings/national-oem-t
Market Outlook/
Competition:
The engine testing equipment market is $981.22 million globally with the Americas only making up 22.03% of that market. The industry is forecast to grow an average of 3.28% year over year through 2023. There is growth momentum with 2.93% anticipated in 2019, with 3.63% anticipated by 2023. This Company already has the widest equipment lineup in their class. This is an industry where increased government regulation will actually spur, rather than hinder growth. This Company is well positioned for growth with their new data acquisition software.
Growth & Expansion:
The Company has strong brand recognition, a proven history and the best product line-up in the industry. They’ve got systems, people and equipment in place to bring sales to $10MM without need for additional capital expenditure. A new owner can immediately begin working on business development into new markets, confident that infrastructure is in place to handle growth.
Contact the Seller

About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller will remain for training and transition, but there is a strong GM in place.
Seller Financing:
Partial Seller financing is available to qualified buyers

Listing Info

ID:
1610011
Ad Detail Views:
0

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Frances Brunelle

Accelerated Manufacturing Brokers, Inc.

 Show Phone Number

View My Active Listings

Similar Listings


Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.