| Asking Price |
$1,500,000 | Inventory |
$200,000* |
|---|---|---|---|
| Gross Income |
$1,200,000 | Real Estate |
$750,000* |
| Cash Flow |
$250,000 | Year Established | 1954 |
| FF&E |
$400,000* | Employees | 15 |
* included in the asking price
** not included in the asking price
The company manufacturers specialized impeller pumps and grapples and buckets for excavators used in agricultural, forestry and mining. Has been in business for over 50 years. Always profitable and growing. Has excellent manufacturing equipment, good documentation of the product lines. Company has a 50 dealer network in 5 states to sell the product line. The company supplies basic industries that povide food, fertilizer and lumber. The company has an excellent reputation for durable products and reliable service. Has the capablity for growth by adding new products and by expanding the existing distribution system. Owner will stay as required to train new owner.
Facilities: 25,000 sq ft of office, manufacturing and warehousing space. In excellent condition, built in 1988 on 5 ac. Lots of room for expansion and plenty of parking. 450 ft of frontage on major Hwy. Good visibility.
Competition: Almost no competition in the area. Owners have strong relationships with local and regional customers. Location is very close to customer base providing a major advantage in delivery cost and service.
Growth/Expansion: New products could be added for continued growth. The company has adequate engineering and design capability to support new products. Plenty of machinery and space to accomodate new products.
Financing: Seller will not finance
Support/Training: Seller will remain for a reasonable period to train and support new owners
Reason Selling: Owners are retiring

Ray Bergevin
252-940-1680
Snowden Associates
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