Manufacturer Of Specialty Industrial Components
Location New York,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $10000000
Net Profit / Cash Flow $1000000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1960
Number of Employees 35 - 49
Inventory 750000
Relocatable No
Number of Employees 35 - 49
Real Estate Leased
Training Owners will assist transition at no charge up to 90 days with negotiable assistance beyond.
Reason for Sale Retirement.
Description The Company is a long-established, yet growing manufacturer and wholesaler of specialty industrial components and solutions with a worldwide presence. With a diverse and growing customer base, the Company has achieved modest revenue growth despite competition from Asia and is well-positioned to extend this growth going forward.
Founded nearly 50 years ago, the Company has grown to be one of the largest suppliers of these solutions in upstate and western New York.
The market is growing modestly (greater than inflation) both domestically and internationally although flat in the Northeast. Primary price competition comes from China, but is only seen on very high volume products. The Company competes successfully by providing complete solutions including custom with fast turnarounds.
Growth opportunities are twofold:
1. Invest in additional equipment to increase manufacturing capacity.
2. Expand sales coverage both geographically and through addition of sales staff.
Contact for more information on this Specialty Industrial Component Manufacturing business for sale.
Click Here To Contact Seller
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