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Asking Price$16,000,000
Revenue$13,596,586 Established1990
Cash Flow$3,098,240 Employees75 full-time
FF&E$500,000* FranchiseNo
Inventory$250,000 RelocatableNo
Real Estate$1,000,000 Home-basedNo
* Included in Asking Price
This company manufacturers material handling equipment for a number of industries, but currently the two largest industries include electronics and automotive.  Their largest competitor is located in Europe. The owner works in the business part time and has a strong level of management under him with them paid bonuses on profits.

The Tax Return for 2015 reflects a cash flow in excess of $3 Million including $2,881,259 in profit before tax, $163,202 owner salary, $28,356 interest expense and $25,423 depreciation. Sales in 2014 were $11.6 Million while sales in 2013 were $12.4 Million.

For additional information contact the listing broker, Bill Law at 904-819-6930 or email bill@sunbeltbrokers.biz  Principals Only, No Brokers and No Broker Reps - No Exceptions.

Required Licenses: Business
Training/Support:Seller will negotiate a transition period
Sale Reason:Retirement
Ad #88323
Seller Reference #CHARLNC001-N704
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Contact This Seller
Bill Law
(704) 897-8232
Email Address