Business for Sale Overview:
Midwest based fast growing technology and manufacturing company supplying electric utilities with smart grid capabilites on the distribution and transmission side of the business. Additional products in the pipeline including products for the oil industry. Huge growth potential domestically and internationally. Current annual run rate of Sales $5,000,000, EBITDA $1,000,000. $5,000,000 price includes receivables and inventory ($700,000). Strategic buyers only with a background in smart grid technology or controls technology or background in electric utility distribution and transmission. Financially qualified buyers only as there are not enough assets to support asset based lending. You must be OK with multiple of 1 times sales and 5 times EBITDA or do not reply.This is a fast growng market and this company is established in the market with proprietary products. This is a $5 million company today that will be a $50 million dollar company in 10 years. Seller is retiring and wants to transition for a few years. Qualified buyers please reply to Greg Hedgebeth, Greg@VRqueenCity.com.`
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.