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- RE: Specialized Equipment Manufacturing - Hyper Growth
- Contact: Seth Rudin
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This profitable and well-managed equipment manufacturer provides a highly proficient set of equipment to help Hemp, CBD, Cannabis, Tobacco and other related processors automate processes to increase efficiency and reduce expensive labor costs. Their unique approach for providing ongoing technical support is supported by their unique application and configuration of their proprietary software, server configuration and use of micro cameras throughout their equipment and processes.
The machines produced by the company stand out for their accuracy and proficiency. Each machine was designed and constructed with efficiency, data analytics, and customer support in mind. The company designed and wrote its own operating system to enable real-time customer support for any technical trouble tickets. The enterprise level technology also includes Machine Vision tools, center post avoidance, built-in touchscreens, and many more customer-centric features. The automated features increase productivity and reduce costs enabling the new owner quick entry into the industry.
All products are designed, engineered, assembled, and shipped out of their Oregon facility or through nearby partners. Diagnostic tools integrated into the manufactured equipment allow their technical customer support team to in real time trouble shoot machines deployed globally. This distinctive approach to operating and supporting their products stands out to their customers. Their technology and innovative methods have generated strong customer demand and an upward trending revenue trajectory.
The US still has over 30 states pending legal recreational cannabis and the rest of the world has plenty of space to expand into. Cannabis manufactured products are expected to grow to $28 Billion globally at a 14% CAGR by 2031 according to Transparency Market Research.
As of May 2023, the company's partial year revenues for January through May 2023 are $2,152,232, 83.09% up year over year. For the full year of 2022, the sales of the business were $3,641,116, up $1,857,899 (a 104% increase) over 2021. Sales increased to $4,617,847 over the trailing 12 months from June 2022 to May 2023. This is the highest revenue achieved in any consecutive 12-month period.
The company's current pipeline indicates a potential $5,000,000 to $5,500,000 finish in 2023 (this estimate is for informational purposes & should be verified through direct engagement with the business owners). The company is incredibly profitable.
This company recently relocated its manufacturing operations to a larger facility. They signed a three-year lease ending in December 2026 for 7,000 square feet.
This company does NOT touch any plants. They sell to third party processors who run their equipment and as a result, bank financing is available.
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- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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