Manufacturer of Material Handling Equipment & S...

Greensboro, NC
Guilford County


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

Manufacturing: Machinery


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RE: Manufacturer of Material Handling Equipment & S... Broker: Bill Law
Owner Financing is Available!

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $5,000,000
Net Profit: Not Disclosed
Cash Flow: $500,000
Total Debt: Not Disclosed
FF&E: ON REQUEST
Real Estate: Not Disclosed
Year Established: 1980
Employees: Not Disclosed
BBN Listing #: 398238766
Broker Reference #: CHARLNC001-N805

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Business Overview:

Industrial Manufacturing Plants - mostly for the building and construction industry that process various natural raw materials. Their largest concentration is in clay brick manufacturing plants where they dominate the industry throughout the USA with over 50% of the market share. They also sell internationally. Some other industries served include lumber sorting machines, recycling systems, feeders and conveyors. Industries Served: - Brick Manufacturing (with product lines) - Bulk Materials Handling - Automation & Robotics - Structural Steel The corporate entity owns one of the two buildings and since the business is being offered as a stock sale, this building would be included in the sale while it is possible to also purchase the other building. Also available and optional is an adjacent Steel Fabrication Facility. This used to be used as a steel service center, but is now just used for the needs of the company - thus it is under-utilized. Stock Sale Only at the request of the Seller for tax reasons. The Seller will provide indemnifications as needed to Buyer. There is currently No Formal Asking Price – Sellers are actively soliciting offers and are sincere in selling at a fair and reasonable price and terms. There is $0 long term debt and just normalized accounts payables in the company. There is a chance some of the family members would consider retaining a minority ownership in the company going forward. Additional Information - contact the listing broker, Bill Law at 904-819-6930 or cell 704-904-6624 or email bill@sunbeltbrokers.biz

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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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