878937 Electrical Device Manufacturer With High Potential Growth

Virginia
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Asking Price:$7,000,000
Gross Revenue:$2,669,803
Rent:$5,247.75/Month
Cash Flow:$1,027,567
Inventory:$200,000
Established Year:2003
BUSINESS DESCRIPTION

This manufacturer of primary electric devices was formed in 2003. Under the leadership of its President, having 40-years of experience in the industry, the company has become an internationally recognized brand for the highest manufacturing standards and excellent product quality.
The business has many long-term employees who’s manufacturing, and customer service acumen make them the go-to-choice for superior customers such as public utilities, national chains, and government contractors. The Company produces a broad product line for an array of market segments. Products range from service entrances of large facilities to primary and secondary building distribution systems. These systems can include large computer rooms and data processing centers as well as manufacturing process control, and small businesses. The products manufactured help businesses improve operating efficiencies with applications such as computer-aided design (CAD), computer-aided manufacturing (CAM), digital graphic creation, software development, and financial/economic modeling. All products are made in Virginia

Substantial Seller financing available for qualified buyer.


DETAILED INFORMATION
Location
Virginia
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
6,000
Employees
16
Competition
The business is rapidly growing without a dedicated sales effort, receiving long-term contracts stretching out over several years.
Growth & Expansion
Owner will prove triple digit growth, is possible with dedicated sales effort. Owner will stay for 60 days to insure a smooth transition or up to a year as a paid consultant.
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Retiring
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Bill
Kelly
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Bill Kelly