Seller's Contact Information
- RE: Premier Gear Manufacturer
- Contact: Calder Capital
Quick Facts
| Asking Price: | $0 | |
| Annual Revenue: | $7,406,374 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $861,399 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $4,156,000 | |
| Real Estate: | $1,867,740 | |
| Year Established: | 1985 | |
| Employees: | 43 | |
| BBN Listing #: | 303245079 | |
| Broker Reference #: | 129 |
Business Overview:
This opportunity is a top-tier gear shop serving a wide range of industries. With a seasoned team whose average tenure surpasses 10 years, the employees operate efficiently with minimal supervision and possess the expertise to address any client challenge. The Company is on a robust growth trajectory, anticipating 2023 to be one of its most prosperous years, and foresees no decline in its substantial order backlog.
With the Company’s engineers, specialized experience, and vast equipment base, the Company can complete over 90% of its work in-house. This allows the Company to provide the highest levels of customer satisfaction with complete control over the quality, timeline, and budget on every project. In addition, the Company offers overnight service for the repair or replacement of critical parts, which has saved its customers thousands of dollars when a broken part halts production.
The Company was founded in the 1980s by the current owner. The Owner desires to transition into retirement. He is willing to stay on 6 months to 1 year and transition to a consulting role beyond that.
The Company operates out of two facilities. One facility is 24,305 square feet, including approximately 5,500 square feet of office space. This facility is equipped with one 15-ton and two 5-ton cranes, a full fire suppression system, 2 rows of 480V Bus Ducts, and 2 rows of 240V Bus Ducts. This facility is in excellent condition. The second facility is 8,351 square feet and recently received a $700,000 renovation.
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Property Features and Assets:
The Company operates out of two facilities. One facility is 24,305 square feet, including approximately 5,500 square feet of office space. This facility is equipped with one 15-ton and two 5-ton cranes, a full fire suppression system, 2 rows of 480V Bus Ducts, and 2 rows of 240V Bus Ducts. This facility is in excellent condition. The second facility is 8,351 square feet and recently received a $700,000 renovation. The facilities are owned through the Owner’s real estate holding entity. Ownership is flexible to sell or lease the facilities to the new owner(s).
Market Competition and Expansion:
Investment Highlights Include: (1)Vast Equipment Base with Superior Capabilities (2)Substantial Backlog (3)Dedicated and Tenured Team (4)Low Customer Concentration Growth Opportunities Include: (1)Investments in Equipment Base (2)Implementing a Second Shift (3)Expanding the Sales Team
Reason for Selling:
Retirement.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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