1037 Industrial Controls Engineering & Manufacturing

WI

Seller Financing Available
1037 Industrial Controls Engineering & Manufacturing

Asking Price:$675,000

Cash Flow:$231,000

Gross Revenue:$950,000

EBITDA:N/A

FF&E:$50,000

Inventory:$200,000*

Established:2005

*not included in asking price.

1037 Industrial Controls Engineering & Manufacturing

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Business Description

A money-making, well-established, privately owned business for sale specializing in engineering, developing, manufacturing, and repairing industrial electronic controls. This 10 year-old company serves industrial and commercial customers in the Wisconsin market doing custom engineered designs and manufacturing. Their success is due in part to their quickness in designing and producing new custom products with hardware, software, testing, and support. this company boasts annual sales of about $1 million, and owners’ annual earnings of about $215,000. The Seller is willing to provide a long transition with a new owner and has an experienced, skilled team in place.
The Industrial Controls product industry has grown over the last years and the long term forecasts for the industry project very good positive growth going forward.

Detailed Information

Inventory:
Not included in asking price
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The facilities consist of approximately 6,500 sq. ft. of leased office and production space with plenty of parking located in SE Wisconsin.
Competition:
Competition is very limited due to the customized proprietary industrial control products designed & manufactured, due to the quickness of completed service, and the technical support to customers. Specialized products are the key niche to this business.
Growth & Expansion:
Huge growth and expansion capabilities exist due to the process manufacturing needs for more automation, which includes more industrial control products, in many industries such as oil & gas, power, food & beverages, chemical, and many more. Furthermore, safety and security in all industries to avoid accidents is driving the demand for industrial controls. Contact the Broker for more details.
Financing:
Open to consider with qualified buyer & offer
Support & Training:
Seller willing to train, transition, consult, support to mutually agreeable structure.
Reason for Selling:
Retirement

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Tim Bullard

Business Listed By:
Tim Bullard

VR Lakes Business Group, Inc.

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