Business Overview:
This business opportunity offers the buyer a rare chance to become instantly one of the top two companies in a niche industry which has significant barriers to entry.
The founder/owner/seller of this nearly 30 year old business located in the Upper Midwest has turned 65 and is interested in pursuing other interests. His successful re-manufacturing business has annual revenues exceeding $15 million and a strong EBITDA exceeding $1.5 million.
The business is being offered with real estate, a two year solid order backlog, and a highly skilled and loyal workforce. The business is not related to the automobile industry and is in a sector that has been receiving significant political attention due to its products’ contribution to both energy savings and the environment (reducing pollution). The customers are primarily public agencies, and as such payments are guaranteed.
The company is very sophisticated financially and boasts uninterrupted audited financial statements since 1980. Over 70% of the $8.9 million asking price is supported by inventory, real estate (appraised value), vendor deposits and fixed assets (value in place).
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Included in sale price.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.