CHARLOTTE, North Carolina
| Asking Price |
$2,500,000 |
Year Established |
1988 |
|
| Annual Revenue |
$1,645,779 |
Reason for Selling |
Retirement and ready to travel |
|
| Annual P/L |
|
Attention |
Bill Law |
|
| Annual Cash Flow |
$133,662 |
Listing Number |
981126 |
|
| # of Employees |
20 |
Business Category |
Manufacturing: Auto & Transportation |
|
Business Overview:
This company designs, develops, manufactures, sells and services custom engineered equipment and mobility systems for industrial applications.
In 2015 the company invested heavily in developing new EV (Electric Vehicle) products and designing additional mixing tank systems. They have a competitive advantage now with the huge investment they made in developing their comprehensive line of specialized EVS and state of the art mixing tank systems of the Material Handling Equipment sector. Many of the mixing tanks go into large automotive manufacturing facilities.
Manufacturer of Battery Powered Material Handling and Personal Transport Vehicles for a variety of industries (industry, commerce and consumer applications). Also Designers and Manufacturers of Miscellaneous Material Handling Products. They also have an Industrial Mixer division.
The cash flow in the business has varied from year to year largely due to the amount of R&D in any given year. The Seller owns both the company and real estate debt free. There is no formal asking price or terms. with the company in a limited capacity.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- 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