Business Overview
• Over 35 years in operation, establishing a solid reputation and trusted name in the B2B industrial machinery business
• Diverse revenue streams including machinery imports, manufacturing, repairs and sale of spare parts
• Serves a variety of industries such as Cosmetics, Food & Beverage, Chemicals, Breweries and Cannabis
• In-house capability to manufacture custom-made equipment tailored to client needs
Deal Highlights
• Purchase price includes Inventory, Equipment, Leasehold Improvements, Tools and Fixtures valued approximately at $850,000
• Limited seller financing available for qualified buyer(s)
Financial Snapshot
• Projected 2024 revenue of $2.1 million, with 2025 forecasted to reach $3.2 million as per the seller
• The Owners Discretionary Earnings for 2024 stand at approximately $430,000
Human Resources
• Employing 8 full-time nonunion staff
• Owner is currently responsible for overseeing operations, general management and sales
Transition & Future
• Current owner is looking to retire but willing to stay for a reasonable period to ensure a seamless transition
• Ideal buyer would have a technical background and B2B sales experience