Niche Service & Manufacturer

Elizabeth, NJ
listing image
Asking Price:$1,295,000
Gross Revenue:$2,400,000
Cash Flow:$425,000
BUSINESS DESCRIPTION

Established Reputation, Strong Customers, Experienced Staff, Unlimited Upside

Unique niche, service, manufacturing, rebuilding and installation company, providing a key component for a trillion dollar industry. The company not only manufactures the items but separates itself from the other players by offering an extensive menu of additional services. The company is the Mid-Atlantic leader but does not have a dominant market share and has both vertical and horizontal growth opportunities. The company operates out of a state of the art leased 14,000 square foot facility with a staff of 27 well trained craftsmen and has plenty of room for growth at the current location. The company’s reputation for quality and on time delivery is unmatched. The company has seen consistent performance and even during COVID. The current owner and President has been slowing down and is ready to retire and feels a more aggressive owner could take advantage of opportunities he is not pursuing. Future growth opportunities are real and come from both leveraging the existing marketing and developing new market segments and geographies. This is a very low risk opportunity, and not your standard business opportunity; this is a stable company with a great reputation that could be grown allowing a new owner to cash out at several times their investment in a few years.


DETAILED INFORMATION
Location
Elizabeth, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Support & Training
90 Days
Reason for Selling
Retire
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