Owner Financing is Available!
Business Overview:
This profitable Company is a manufacturer of patented precision current measuring instruments for corrosion prevention purposes. The market for its products is global, and largely untapped. Although primarily marketed towards the Oil and Gas Pipeline Industry, the Auto Industry and public infrastructure sector demand their products as well. The business owners devote around 3 hours per week to the management of the business. This business is located in Michigan. The real estate is for sale as well.
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.
Market Competition and Expansion:
Oil & Gas Pipeline Industry – The rapidly growing Oil & Gas Pipeline Industry is creating a strong demand for the Company’s products. International Sales – The Company is already responding to worldwide demand, especially from emerging economies, for their pipeline and infrastructure testing devices.
New Product Introduction – The Company is producing and selling an entirely new product. It is currently bidding on a multi-year contract to supply this new product to a large corporation. Business Far From Optimized –While the present owners have a vision for the business they are preoccupied with managing and growing another business entity and as a result have not executed on their vision. Patent Protected Product – Effective patents enable the Company to maintain premium pricing. All of the patents are renewable. Continuous Product Improvement – The ownership of the Company has diligently invested time and resources into developing and improving their products and technology.
Reason for Selling:
Owners wish to focus more time on other business
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.
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