Production Of Electric Motors For Industrial Use
Location Belgium
Asking Price Range $2.5M - $5.0M
Gross Revenues $7309
Net Profit / Cash Flow $452
Cash Flow Type EBITDA
Seller Finance No
Year Established 1907
Number of Employees 35 - 49
Relocatable No
Number of Employees 35 - 49
Real Estate Owned
Reason for Sale The owners have decided to sell their business due to the fact there is no succession.
Description Industry: Production of custom-made electric motors for industrial use. Applications include explosion-proof motors for use in hazardous areas, single-phase motors with high starting torque, motors for use in ventilation and air-heating systems, and in general, motors that are electrically or mechanically particular.
Activities: Established in 1907 and evolved during the years to a high-tech producer in a niche market, the Company focuses on the design and production of custom-specific electrical motors in the range of 20W-2.2kW. Products are sold all over Europe (90%) and abroad. The company also has a small subsidiary in France.
Production Facilities: In 2007, 70.000 motors were produced in the plant. There is room for increase in production. The company currently employs 9 white collar employees and 40 blue collar employees. The Company owns several certifications for the quality of its production.
Sales: The average level of the Company's annual sales amounts to 7 million and is expected to grow steadily. The sales are well spread over several clients with whom exists a long lasting relationship.
Properties: The Company owns the real estate where it conducts its production activity.
Opportunity: This business gives the buyer the opportunity to enter a niche market and to acquire specific expertise by getting hold of:
- Experienced Engineers and developers
- Stable and skilled manufacturing crew
- A good manufacturing site with room for expansion
- An established and known Company
- Potential in the market if investments are made on the commercial side, both in volume and value
Purpose of sale: The owners have decided to sell their business due to the fact there is no succession. Contact for more information on this Electric Motors business for sale.
Click Here To Contact Seller
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