Primary Category:Electronic & Electrical Equipment Businesses for Sale
This company designs, develops, manufactures, sells and services custom engineered equipment and mobility systems for industrial applications.
In 2015 the company invested heavily in developing new EV (Electric Vehicle) products and designing additional mixing tank systems. They have a competitive advantage now with the huge investment they made in developing their comprehensive line of specialized EVS and state of the art mixing tank systems of the Material Handling Equipment sector. Many of the mixing tanks go into large automotive manufacturing facilities.
Manufacturer of Battery Powered Material Handling and Personal Transport Vehicles for a variety of industries (industry, commerce and consumer applications). Also Designers and Manufacturers of Miscellaneous Material Handling Products. They also have an Industrial Mixer division.
The cash flow in the business has varied from year to year largely due to the amount of R&D in any given year. The Seller owns both the company and real estate debt free. There is no formal asking price or terms. with the company in a limited capacity.
Financial Information
On request
Asking Price
$133,662
Cash Flow
$1,645,779
Gross Revenue
On request
Down Payment
Business Location
City:
Charlotte
State:North Carolina
Reason for Sale
Retirement and ready to travel
Detailed information
Year Established:1988
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 20
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
On request
Inventory Included: Yes
Inventory Value:
$597,000
Monthly Rent:
On request
Real Estate Available: Yes
Real Estate Included: Yes
Real Estate Value:
$1,500,000
Building Size: 18000
FF&E Included?: Yes
FF&E Value: $425,000
Training/Support
Seller will negotiate a transition period
Real Estate Description
Approximately 18,000 SF building located in an industrial park and situated on 4.53 Acres. Zoned Light Industrial. The Seller personally owns the real estate and is open to leasing it or selling it with the sale of the business.
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