Mfr. Proprietary Parts And Equipment For The Web Converting Industry

Morristown, NJ (Morris County)

Mfr. Proprietary Parts And Equipment For The Web Converting Industry

Asking Price:N/A

Cash Flow:N/A

Gross Revenue:$1,200,000

EBITDA:$500,000

FF&E:N/A

Inventory:N/A

Established:39

Mfr. Proprietary Parts And Equipment For The Web Converting Industry

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Business Description

MFR. PROPRIETARY PARTS AND EQUIPMENT FOR THE WEB CONVERTING INDUSTRY

Founded in 1976 this niche company manufactures a full line of high quality nationally recognized “Brand Name” parts and equipment for the converting industry. Products manufactured include custom made air shafts, air chucks, safety chucks, bowed spreader rolls, trim winders and idler rolls used in winding and unwinding for the web industry. The company’s equipment can be standard designs or specifically engineered and tailored to a customer’s individual needs. Products are sold primarily to the WEB Industries which include the paper, plastic, non-woven fabrics, filters, printing, labels, material handling and disposables sectors.
In addition the company provides highly profitable service, repair and rebuilding of equipment. The company has 1000+ accounts with approximately 350 active in any one year. Sales are generated through referrals and the company’s highly repetitive customer base which includes both domestic and international OEM’S, end users, distributors and consultants. Total staff consists of seven (7) employees including the Owner. Five (5) full time employees are in production with two (2) in administrative and inside sales. Non-union. The company occupies 5900SF of manufacturing and executive office space. The owner wishes to retire and is available for any required transition.

Detailed Information

Employees:
7
Financing:
Possibly
Support & Training:
Yes
Reason for Selling:
Retirement

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Frederick B. Collins

Business Listed By:
Frederick B. Collins

Fidcol Corporate Services Inc.

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