Industrial metering and display manufacturer
Ohio
| Gross Revenue: | $1,545,000 |
| Real Estate: | $900,000 |
| EBITDA: | $614,000 |
| Established Year: | 1967 |
Listing ID: 2290297Listing provided by BizBuySell
BUSINESS DESCRIPTION
Manufacturer of highly specialized electronics that are used in industries ranging from military, to aerospace, to pharmaceuticals, to food production (and more), for numerical measurement and display.
DETAILED INFORMATION
Location
Ohio
Inventory
Not Included in asking price
Real Estate
Owned
Employees
13
Facilities
Two buildings, one for production and shipping, smaller building is used for sales, marketing, and fulfillment of orders; very minimal tooling and equipment.
Competition
Market is primarily B2B, in military commercial aerospace, pharma, and food industries; new growth happening in numerous retail service chain business; competition tends to be offshore (China) and does not offer customization of product on the level of this company, nor expedited manufacture and delivery.
Growth & Expansion
Detailed growth plan for expanding current sales by 3-5x, over 5+ year period is available.
Support & Training
Two owners willing to stay on for 6-12 months to train new ownership; minimal training of existing staff.
Reason for Selling
Owners are at retirement age, and wish to reduce workload.
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