Free
Business Valuation
Listing Details
Reputable Manufacturing Company with Own Product Line
Illinois
- Ad ID: 348364
- Type: Established business
- Category: Industrial & Comm. Machinery
- Category: Miscellaneous Manufacturing
Financials
- Asking: Not Disclosed
- Included in the Asking Price: Furniture, Fixtures & Equipment: $600,000
- Inventory: $300,000
- NOT Included in the Asking Price: Real Estate: $3,300,000
- Gross: $2,000,000
- Cash Flow: Not Disclosed
Summary Description
This is an established company founded in 1974 which specializes in the design and manufacturing of material handling equipment utilized by companies for production in both the food and pharmaceutical industries. By focusing on developing custom engineering products of the highest quality for its customers, the company has built a reputation for being amongst the best manufacturers in its industry for over 30 years. This company is well-positioned in the marketplace. It has maintained long-term relationships with the majority of Fortune 500 companies as well as numerous middle-market companies in the food and pharmaceuticals industries. All of the engineering is CAD based, and the company has internally developed unique software to automate numerous pricing, engineering and programming tasks. With its current equipment and by running multiple shifts, the company is capable of grossing in excess of $10 million annually. This is an excellent acquisition target for a buyer who is willing to expand the marketing effort and build new distribution channels for the product. Contact us today to learn more about this incredible opportunity. Full Package provided with signed disclosure statement. Phone 630-799-8288 / Fax 866-548-5512 / Email: rajivsinghjd@gmail.com.
General Information
- Year Established: 1974
- Employees: 12
- Facilities: Building: The company currently operates out of a large, modern facility with high ceilings located in an industrial park within close proximity to the interstate. A long-term lease is available with terms to be negotiated with the owner. Equipment: All manufacturing equipment and computer equipment are included in the sale of this business. Manufacturing equipment includes Amada CNC equipment for sheet metal fabrication and an assortment of machining, welding and finishing equipment.
Market Outlook
- Competition: By focusing on developing custom engineering products of the highest quality for its customers, the company has built a reputation for being amongst the best manufacturers in its industry for over 30 years. This company is well-positioned in the marketplace. It has maintained long-term relationships with the majority of the applicable Fortune 500 companies as well as numerous middle-market companies in the food and pharmaceuticals industries.
- Growth and Expansion: This is an excellent acquisition target for a buyer who is willing to expand the marketing effort and build new distribution channels for the product. Ideal acquisition target for established company looking to add a product line or for a buyer who is looking to take this company to the next level.
About the Sale
- Financing: Possible Financing for Qualified / Collateralized Buyer.
- Support/Training: The current owner is willing to transition out of the business over a period of time, helping to ensure that the new owner will maintain a successful business. Terms to be negotiated with Buyer for any extended periods of time.
- Reason Selling: Retirement after starting business almost 35 years ago.
Contact Information
Rajiv Singh, CPA, Esq.
Trico Ventures
Phone: 630-799-8288
Email: rajiv@tricoventures.com