Charleston Material Handling Equipment Parts Ma...

Charleston, SC
Berkeley County


Asking Price: Annual Revenue:
Not Disclosed $5,500,000

Manufacturing: Metal Products


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RE: Charleston Material Handling Equipment Parts Ma... Broker: Bill Law
Owner Financing is Available!

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $5,500,000
Net Profit: Not Disclosed
Cash Flow: $850,000
Total Debt: Not Disclosed
FF&E: ON REQUEST
Real Estate: Not Disclosed
Year Established: 2006
Employees: Not Disclosed
BBN Listing #: 60338766
Broker Reference #: CHARLNC001-N785

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Business Overview:

This company burns heavy steel sheet plate on plasma cutters, CNC Machines parts, smooths edging for the material handling industry. Typical clients would be fork lift manufacturers. The Seller started the business 13 years ago and is at retirement age. They own the real estate and are open to selling it or leasing it, approximately 25,000 SF located in a nice industrial park. Sales have been consistent in the $5M to $6M range yearly with cash flow ranging from 10% to as much as 20% of gross revenues. There is no formal asking price but the seller has price expectations of a 4.5 to 5 X Multiple of cash flow.

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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.

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