Engineered Equipment & Mobility Systems Manufacturer, with Real Estate

Charlotte, NC
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Cash Flow:$133,662
Inventory:$597,000
Real Estate:$1,500,000
Gross Revenue:$1,645,779
FF&E:$425,000
Established Year:1988
BUSINESS DESCRIPTION

This company designs, develops, manufactures, sells and services custom engineered equipment and mobility systems for industrial applications.

In 2015 the company invested heavily in developing new EV (Electric Vehicle) products and designing additional mixing tank systems. They have a competitive advantage now with the huge investment they made in developing their comprehensive line of specialized EVS and state of the art mixing tank systems of the Material Handling Equipment sector. Many of the mixing tanks go into large automotive manufacturing facilities.

Manufacturer of Battery Powered Material Handling and Personal Transport Vehicles for a variety of industries (industry, commerce and consumer applications). Also Designers and Manufacturers of Miscellaneous Material Handling Products. They also have an Industrial Mixer division.

The cash flow in the business has varied from year to year largely due to the amount of R&D in any given year. The Seller owns both the company and real estate debt free. There is no formal asking price or terms. with the company in a limited capacity.


DETAILED INFORMATION
Location
Charlotte, NC
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
18,000
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Approximately 18,000 SF building located in an industrial park and situated on 4.53 Acres. Zoned Light Industrial. The Seller personally owns the real estate and is open to leasing it or selling it with the sale of the business.
Support & Training
Seller will negotiate a transition period
Reason for Selling
Retirement & Ready to Travel
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Charlotte
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Sunbelt Charlotte