
MANUFACTURER OF AUTOMATION EQUIPMENT FOR INDUSTRY
(MANUFACTURING, AUTOMATION)
NEW YORK -TRI-STATE AREA
Listed Price: $ 5,495,000
Listing ID: XCCT888051
Listing DetailsGross Revenue: $ 7,145,000
Cash Flow: $ 1,323,000
FFE: $ 395,400 (Included in Price)
Inventory: $ 275,000
Form of Ownership: LLC
Terms and Conditions: NEGOTIABLE
Reason for Sale:
RETIREMENT.
One of the Owners may agree to stay on a while ( negotiable )
Training & Support:
Complete training and support included. Owner open to negotiating an employment contract for up to 2 years to manage and transition the company
Listing SummaryBusiness Description:
The company is a custom specialty contract manufacturer focused on bringing automation solutions to some of the world’s largest multinational companies. Led by a highly-skilled and collaborative team of engineers, programmers and assemblers, the company produces sophisticated high volume automated labeling, laser marking, polishing, packaging, dispensing, loading and unloading and assembly machinery.
Many of the company’s customer relationships span decades and include industry leaders.
Industries served include:-
Cosmetics & Personal Care
- Medical Devices
- Automotive
- Electronics
- Industrial Processing
- Consumer Products
Many of the Solutions range from single work cells to complete production lines.
Product sales represent 90% company’s revenues while service fees, which include parts, installation and service calls account for the remaining 10%.
Historical Summary:
Founded in 1990, the company has evolved over the last 25 years into one of the most well known and respected companies in its field.
Owner Qualifications:
Only prior business experience necessary but knowledge of sales, marketing & manufacturing could be a plus.
Competition:
Very Minor Competition in this Niche market.
Potential Growth:
Unlimited
Financing/Terms:
Negotiable
LocationOption: NEW 10 Year lease or option to purchase the building
Type of Location: Stand Alone
Facilities:
A stand-alone fully climate controlled building with complete suite of offices, state of the art manufacturing, warehousing and shipping all under one roof.
The Company is located within Enterprise Zone, which can lead to tax breaks.
Real Estate Value $ 2M ( not included in the sale)
OperationYear Established: 1990
Owner Hours: 35-40 hours per week
Employees: 26
Managers: 4
Absentee Owner: No