Heavy Equipment Manufacture
(Manufacturing)
Orange , California
Listed Price: $ 675,000

Listing DetailsGross Revenue: $ 2,230,000
Cash Flow: $ 227,000
FFE: $ 100,000 (Included in Price)
Inventory: $ 300,000 (Included in Price)
Form of Ownership: C Corp
Reason for Sale:

Owner wants to slow down


Listing SummaryBusiness Description:

Niche Manufacture of Equipment Used by Municipalities and Contractors

 

This company since 1993 has manufactured specialty equipment which is sold to cities/municipalities, contractors and gas companies.  The company produces a variety of units in each category that is sold throughout the United States directly and through a network of dealers. Company’s advantage over competition is 1.) quality of product which last longer, 2.)  Ability to customize products to customers specification, 3. Pricing about 10% less.  The company has 14 employees plus owner and manufactures its products in a 14,700 sq ft facility.

 

·         80% of Revenues are through 16 dealers nationwide and more can be added

·         Revenue increase this year about 10%

·         Profits on target to increase this year due to cost cutting and other initiatives

·         Price Includes inventory, all equipment, and backlog.

·         Company has two Patents Pending

·         Revenue breakdown is 84% Mfg. Products, 11 % Parts, 5% Service

·         Manufacturing, Fabrication and Assembly in house.

·         Licensed Truck and Trailer Manufacture


OperationYear Established: 1991
Absentee Owner: No