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Mfg. & Repair Of Components For Water & Wastewater Treatment Plants

Morristown, NJ (Morris County)

Mfg. & Repair Of Components For Water & Wastewater Treatment Plants
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Asking Price: N/A

Cash Flow: $500,000

Gross Revenue: $2,800,000

EBITDA: N/A

FF&E: N/A

Inventory: $750,000

Real Estate: N/A

Established: 1989

Mfg. & Repair Of Components For Water & Wastewater Treatment Plants

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Business Description

MFG. & REPAIR OF COMPONENTS FOR WATER & WASTEWATER TREATMENT PLANTS

This long established specialty business produces a complete line of clarifier, thickener and trickling filter components along with a new line of “Retrofit Scum Skimmers” designed to replace all makes of clarifier and thickener scum skimmers. It consists of hot dipped galvanized steel, with stainless steel fasteners throughout, and uses Frelon and AA Stainless steel bearings. For more than 30 years. this company’s specialization with Clarifier, Thickener and Trickling Filter repairs, upgrades, rebuilds and retrofits has resulted in high quality innovation for its customers unique needs. The company occupies a 20,000 SF machine and manufacturing facility which includes one 15 ton overhead crane, three 5 ton overhead bridge cranes and four 2 ton overhead bridge cranes plus numerous lathes, boring mills, milling machines, drill presses, punch presses and other related machine tools. Sales are generated as a result of a highly repetitive customer base consisting of hundreds of accounts with 30 to 40 being active in any one year. 50% of sales come from “lump sum and time and materials work” at municipal and industrial water and waste water plants and their collection and distribution systems, the other 50% of sales comes from remanufactured drives and components. The business enjoys a strong reputation for on time delivery of high quality products and outstanding service and repairs. The company employs a stable, knowledgeable and well trained staff of 12 which includes a VP-General Manager of Sales & Production, along with a Plant Manager, an Office Manager and 5 Millwrights. The owner is available for a 3 to 5 years employment. Non-union

Detailed Information

Location:
Morristown, NJ
Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
20,000
Employees:
12
Financing:
Possible
Support & Training:
The owner is available for a 3 to 5 years employment. Y
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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