Materials Handling Manufacturer For Sale

Business description

After extended market research, our client has developed a unique materials handling machine that will substantially improve productivity in the window manufacturing arena (residential and commercial). A prototype of the machine is currently under review at a sub-contracted manufacturers facility. This prototype will be placed within six month into a customer/user facility for a real production testing review. The design of the equipment has been registered with the Patent & Trademark Office. A buyer needs to complete the testing period, needs to identify sub- contracted sourcing facilities that will ultimately manufacture the equipment, establish the marketing organization and initiate sales to the end-user window manufacturers. The current management will stay on board to be part of this process. The quantifiable, proven productivity improvements will result in a fast industry market penetration. Estimated further investment to market the equipment - until the first revenue stream materializes - will be approximately $1m. Our client, considerably above retirement age and an industry veteran, will be supporting a buyer in identifying key industry players, and will consider a consulting agreement, albeit at fewer hours than currently engaged. He has excellent contacts in the industry. This is a superb opportunity for an entrepreneurial investor, an established materials handling manufacturer or private equity group with the required resources. There is tremendous upside potential in this investment, estimated at a sales level of $20mm in five years, on a world-wide basis. Upon qualification, a buyer will obtain a detailed twenty page prospectus with projections and value-added structures

Property information

Location:

Industrial

Other information

Expansion potential:

Competition: Very little on a nationwide bsis
Growth and Expansion: Tremendous, due to providing significant value-added to the user

Competition / Market:

Competition: Very little on a nationwide bsis Growth and Expansion: Tremendous, due to providing significant value-added to the user

Support & training:

Available via consulting agreement

Reasons for selling:

Retirement

Trading hours:

Regular

Furniture / Fixtures value:

$500,000 (included in the asking price)

Inventory / Stock value:

$50,000 (included in the asking price)