UNDER NEGOTIATION--Quality Electrical Manufacturer

Schaumburg, IL
listing image
Sale Pending
Asking Price:$1,700,000
Inventory:$900,000
FF&E:$750,000
Established Year:1980
Gross Revenue:$3,100,000
EBITDA:$425,000
Real Estate:$2,285,000
BUSINESS DESCRIPTION

Overview
The long-established, family-owned business, now in its second generation, has been producing top-quality electrical products for over 40 years from its dedicated factory. With a solid reputation, the company has consistently achieved sales growth even in challenging economic climates. The management team has proactively prepared for the transition to new ownership, ensuring a seamless continuation of the company's success.

The company offers its own proprietary products, recognized throughout the industry, and has the capability to manufacture private label products tailored to the specifications of larger manufacturers. Presently, the company predominantly serves a diverse range of industries through repeat business and referrals. The new owner could expand the company’s growth trajectory by recruiting an external sales team to capitalize on new opportunities with distributors and end-users. With our country’s renewed focus on domestic manufacturing, particularly in electrical products, along with the government’s planned infrastructure investments, the company is poised for success.

Key Highlights
Stable and Profitable Business Model: Consistent annual revenue with strong net profit margins.

Established Market Position: Leader in the niche market of electrical products, with strong brand name recognition in specialized sectors.

Diverse Customer Base: Approximately 1500 customers across various industry niches.

Nimble Customization and Industry-Best Lead Times: Customization of products without requiring large order quantities and industry-best lead times for custom product orders.

High-Quality Products and Durability: Known for manufacturing high-quality, durable electrical products.

Strong Customer Relationships: Loyal customer base with many customer partnerships spanning over three decades.

Growth Potential: Opportunities to expand product lines, enter new markets, and increase production capacity by hiring an outside sales staff.

Sales Analysis
Customer Base: Diverse and stable, with most customers placing small and infrequent orders, allowing for strong profit margins.

Revenue Distribution: Largest customer accounts for 17.72% of total sales, with the top ten customers combined accounting for 40% of total sales revenue.


DETAILED INFORMATION
Location
Schaumburg, IL
Inventory
Included in asking price
Real Estate
Owned
Building SF
31,016
Employees
17
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facilities Location: Situated in a 25,000+ square foot, single-story, masonry light industrial buildi ng on a 1+ acre parcel in Chicagoland area. Infrastructure: Robust electrical power infrastructure, large truck loading dock, warehouse rack storage, room to expand manufacturing and professional administrative offices.
Support & Training
Management Transition Experienced Management Team: The current management team will ensure a smooth and responsible transition as they remain committed to the company's long-term success.
Reason for Selling
Retirement
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