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Advert Ref: 535

Highly Respected Manufacturing Business For Sale

Details: Asking price:$5,500,000; Sales revenue:$3,300,000; Net profit:$535,000; Fixtures value:Undisclosed; Inventory value:$1,000,000

Business description: Highly respected and profitable business manufacturing custom hydraulic pumps. Provides pumps in specialized niche for mobile equipment industry. Certified supplier to a number of large OEMs. Developments on the horizon suggest continued strong increases in volume and profitability. The building is 45,000 sq.ft. with ample parking. It is located in a small city in southeastern Georgia.This well-established business provides high quality pumps with precision tolerances in specialized and limited quantities. High level of customer satisfaction is achieved without the high costs of retooling. The company develops and utilizes innovative manufacturing techniques such as specialized machining fixtures and flexible, multi-use casting patterns. Owner is willing to continue in product development or marketing capacity.

General information: Years established:17; Employees: 22; Trading hours: M-F 8am-5pm; Location:It is located in a small city in southeastern Georgia.; Expansion potential:This well-established business provides high quality pumps with precision tolerances in specialized and limited quantities. High level of customer satisfaction is achieved without the high costs of retooling. The company develops and utilizes innovative manufacturing techniques such as specialized machining fixtures and flexible, multi-use casting patterns.; Support & training:Yes; Reasons for selling:Owner willing to continue in product development or marketing capacity.; Financing available?Owner is willing to retain an equity position with compatible investment group.