Manufacturer & Assembler of Electrical Control ...

Northeastern Ohio, OH


Asking Price: Annual Revenue:
$3,201,030 $2,855,214

Manufacturing: Electronics & Technology


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RE: Manufacturer & Assembler of Electrical Control ... Broker: Jeffrey Bury
Owner Financing is Available!

Quick Facts

Asking Price: $3,201,030
Annual Revenue: $2,855,214
Net Profit: Not Disclosed
Cash Flow: $357,290
Total Debt: Not Disclosed
FF&E: $56,500
Real Estate: Not Disclosed
Year Established: 2003
Employees: 15
BBN Listing #: 664838814
Broker Reference #: NORTHOH001-N329

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Business Overview:

Northeastern Ohio Electrical and Industrial Controls and Components and high volume control panel manufacturing and assembly. Design and production manufacturing of electric and industrial controls for power generation, transportation, primary metals, original equipment manufacturing and material handling. High volume low overhead specialty manufacturing facility, UL 508 A manufacturing facility, BV Certified, Tier 1 Supplier, large B to B supplier, custom BUS fabrication, prime Northeast Ohio location strategically located between Cleveland and Pittsburgh customers. Business activities include control center building, power distribution boxes, manual centers, drive assemblies, wire and hardware installation and assembly, marshaling, cabinetry, installs computer data bases, wires terminals, panels, cables, $500,000 manufacturing steel building lined in brilliant white for optimal manufacturing, wiring and visibility. Entire control room building, component manufacturing, cabinet prefab and assembler. Copper and business BAR and high current application of systems up to 10,000 AMPS. Global worldwide supply, machine shop, global worldwide, fork lift, low capital intensive assembly oriented. Business model of 14 charged employees reporting to one President with no (0) non charged supervisors with a shallow lean labor matrix offering very low overhead. A large customer base services world wide with 80% repeat clientele positioned as the best product in the shortest period at the lowest cost. Gross sales of $2,855,214, seller discretionary cash flow of $357,290, $56,500 furniture, fixtures, equipment, $700,000 of real estate, sale price of $3,201,030 with owner retiring. If you are in or have been looking for a proven validated company in business +16 years in the electric control components and high volume customer base grossing $2,855,214 and SDC cash flowing $357,290 priced to sell, check this one out! The information contained herein has been secured from the Seller. Sunbelt Business Brokers of Northern Ohio does not warrant or guarantee in any way whatsoever either the accuracy or the correctness of the information or any assumptions or inferences there from. Buyer should conduct his or her own diligence before buying. This information is subject to change without notice. The real estate is presented by EMMCO Realty Group, Coldwell Banker.

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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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