Materials Handling Manufacturer
Location: New Jersey > Mercer County > Nationwide
Industry: Manufacturing > Other Manufacturing
Financials
Asking Price: $500,000
Gross Revenue: $4,800,000
Cash Flow: $800,000
Inventory: $50,000 (Included in Asking Price)
FF&E: $500,000 (Included in Asking Price)
Seller Financing: Seller Financing Via License Royalties On the Patent
Business Summary
After extended market research, our client has developed a unique materials handling machine that will substantially improve productivity in the window manufacturing arena (residential and commercial). A prototype of the machine is currently under review at a sub-contracted manufacturers facility. This prototype will be placed within six month into a customer/user facility for a real production testing review. The design of the equipment has been registered with the Patent & Trademark Office. A buyer needs to complete the testing period, needs to identify sub- contracted sourcing facilities that will ultimately manufacture the equipment, establish the marketing organization and initiate sales to the end-user window manufacturers. The current management will stay on board to be part of this process. The quantifiable, proven productivity improvements will result in a fast industry market penetration. Estimated further investment to market the equipment - until the first revenue stream materializes - will be approximately $1m. Our client, considerably above retirement age and an industry veteran, will be supporting a buyer in identifying key industry players, and will consider a consulting agreement, albeit at fewer hours than currently engaged. He has excellent contacts in the industry. This is a superb opportunity for an entrepreneurial investor, an established materials handling manufacturer or private equity group with the required resources. There is tremendous upside potential in this investment, estimated at a sales level of $20mm in five years, on a world-wide basis. Upon qualification, a buyer will obtain a detailed twenty page prospectus with projections and value-added structures
About the Business
Year Established: 2005
Employees: 1 full time - 3 part time
Relocatable: Yes
Facilities: Industrial
Market Outlook and Competition: Competition: Very little on a nationwide bsis
Growth and Expansion: Tremendous, due to providing significant value-added to the user
About the Sale
Management Training and Support: Consulting agreement available
Reason For Selling: Retirement
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