MergerPlace

Light Manufacturing

Iowa (Linn)


  • Asking Price: $2,000,000
  • Gross Income: $2,687,664
  • Cash Flow: $433,259
  • Real Estate: Not Disclosed
  • Inventory: $530,000
  • FF&E: $500,207
  • Listing ID: #215196
  • Established: 1970
  • Employees: 18 FT/ 0 PT

Business Description

The business manufactures and sells industrial and commercial machines for retail products. All the parts for the machines are made and assembled in house. All parts are metal and have made these machines number 1 in quality against its competitors. Additionally the company has a nationwide dealer network.


Business Details

Primary Business Category: Manufacturing - Machinery
Location: Iowa
County: Linn

Company Information

Year Established: 1970
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 18 FT/ 0 PT

Financial Information

Asking Price: $2,000,000
Gross Revenue: $2,687,664
Cash Flow: $433,259
FF&E: $500,207
Inventory: $530,000
Seller Financing Available: No

Property Information

Facilities:

The business is operated out of two buildings. One building is used for machining and the other is used for sales, office and assembly. Buildings are leased at market rate and the owner will offer a short or long term lease.

Growth & expansion opportunities:

The successful buyer can further develop the dealer network along with attending additional shows.

Competition:

The industry continues to see new customers entering into the market. The company has seen steady business year over year. The company ranks in the top half of its competitors in sales along with being number 1 in quality.

Reason for selling:

Owner is retiring from the business.

Support & Training:

Will train for 2 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Michael Rooney

Murphy Business Brokers