NOT DISCLOSED, New York
| Asking Price |
$1,750,000 |
Year Established |
1990 |
|
| Annual Revenue |
$2,300,000 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$0 |
Attention |
Don Bray |
|
| Annual Cash Flow |
$0 |
Listing Number |
998831 |
|
| # of Employees |
10 |
Business Category |
Manufacturing: Electronics & Technology |
|
Business Overview:
Thirty-Five year old company is an industry leader in custom
control panel design, manufacturing, and installation. Their
experience and expertise as a control panel and process skid
manufacturer includes almost 30 years of research and
development.
They supply customers who need pneumatic control panels,
rectifier enclosures and/or power supplies. Additionally, they
can provide industrial AutoCAD design services - this company
has broad capabilities.
Located in the heart of Western New York, their products are
shipped across the globe to both small and large customers!
This company has garnered an excellent reputation
throughout the world of industrial electrical manufacturing
and is proud to offer a full suite of cutting-edge service
options. Their customers rely on them for PLC cabinets,
collector bus assemblies, field sample pump panel installing,
industrial engineering services, welding services, orbital
welding, or contemporary control panel design carried out by certified technicians for unmatched performance.
Property Features and Assets:
<p>Business Hours of Operation<br>Monday-Friday: 7:30 a.m. to 4 p.m. EST<br>Owner Weekly Hours<br>30<br>Years Owned<br>34<br>Year Established<br>1990<br></p>
Market Competition and Expansion:
<p>The global electric control panel market was valued at $6.0<br>billion in 2022, and is projected to reach $10.3 billion by 2032,<br>growing at a CAGR of 5.8% over that period.<br>The expansion of infrastructure projects globally is a key driver<br>for the growth of this market.<br></p>
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