Niche Manufacturing / Assembly Company
Location Rhode Island,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $3270000
Net Profit / Cash Flow $726591
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 6 - 9
Inventory 225000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training As needed for a smooth transition.
Reason for Sale Semi-retirement
Description Asking $3,500,000
A leading manufacturer in the industrial process heating market arena. Heaters and ovens are used for plastics, thermoforming, paint finishing and the drying industries. These environmental friendly products are used by a worldwide customer base.
A well established company that provides a very high quality product and on time delivery backed by the industry's top service provider. Sale price includes intellectual property.
Worldwide sales and profitability continue to rise.
7,000 sq ft facility with office, assembly/manufacturing space and receiving/shipping areas. Location is convenient to all transportation routes.
Exciting growth opportunities will continue in the future. Sales growth is 18.5% in 2012 and projected up 9% in 2013. Established relationships along with new business partners providing products to one of the largest home furnishing retailers in the world.
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