Capital Equipment Manufacturer for Construction, Mining, Concrete

Note: The seller is only interested in a strategic buyer. This business has patents on their product line which has been established for over a decade with almost 200 units in the market. Units cost $400,000 and are top of the line, but priced below lesser quality machines owned by "Caterpillar" Type companies. The owners have never borrowed money and grown the business with their own cash flow. They are looking for a partner or Buyer for the entire company that can help them grow to the $100 Million size they know they should be. The ideal Buyer will have capital to invest in growing the company with more marketing, plant expansion, etc. Opportunities in front of them to establish lease programs to sell into the Construction Industry. It would be helpful for the buyer to have in-roads to an established dealer network as the competition does have this advantage now. The owner is 56 years old and is willing to continue as CEO or willing to step down if a buyer wants to buy 100% of the company - a majority or minority sale is also possible. The business is located near a major airport and situated on a 33 acre rural setting with a large facility. Some parts are made on sight but many are purchased as the operation is largely an assembly operation. To get more information, all buyers will need to first provide a Confidentiality Agreement and provide insight on financial ability to purchase. Principals Only. No Buyer Reps - No Exceptions. Contact the listing broker Bill Law at 704-904-6624 or email bill@sunbeltbrokers.biz