Manufacturer of specialized printing equipment, parts and service

Michigan

Seller Financing Available

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Asking Price:$1,750,000
Gross Revenue:$1,300,000
EBITDA:$200,000
Established Year:1942
Cash Flow:$300,000
Inventory:$700,000
FF&E:$250,000
BUSINESS DESCRIPTION

80+ year history of manufacturing and service parts for specialized printing equipment. There are over 3,100 presses made by this company operating around the world.

New equipment has historically been 30% of the revenue with parts accounting for the balance.
Recent expansion into service and refurbishing segments will help accelerate growth.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
7,000
Lease Expiration
01/03/2026
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Sale price includes all equipment necessary to build and refurbish machines, inventory and designs/prints for products built over the past years. Prints are particularly useful when designing new equipment and for producing replacement parts. Also includes FF&E for tracking customers, suppliers, production process and administrative functions.
Competition
Spare parts business is consistent year over year. New equipment backlog is strong for 2024 and likely to stay strong, especially if dedicated sales staff were added. 100% made in the USA feature is a particular attraction for US-based customers. It allows for fast and efficient service, parts and communication. Customers in Europe and Asia choose the Company for the reliability and design over Chinese and East European competitors who do not ‘specialize’ in the same way. Company process is low-cost. Alternatives are more expensive.
Growth & Expansion
A series of initiatives have been developed to accelerate growth. These initiatives have been organized into the following categories: 1) Sales programs and partnerships 2) Equipment features and extensions 3) Expanded remanufacturing program 4) Continued supply chain optimization Investments in new equipment have allowed the Company to bring gear and other key component manufacturing in-house and lower both costs and customer response time. Excess capacity on this equipment is sold to other local manufacturers who make unrelated products.
Financing
Projections are based on management expectations, not a guarantee of future results.
Support & Training
Owner is willing to assist with transition to new owner. Existing employees are capable of running the business and training replacements.
Reason for Selling
Owner is retiring.
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Leslie
Black
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Leslie Black