$1,500,000 - Industrial Automation Distributor
Business Summary
The company provides products for factory automation used in the production of wood and engineered wood, power generation in both the private and public sectors, food processing, water and waste water, agriculture, food processing, semiconductor, and numerous other industries offering considerable diversity to their customer portfolio.
Financials
Asking Price: $1,500,000
Gross Revenue: $3,105,642
Cash Flow: $294,126
Inventory: $341,931 (Included in Asking Price)
FF&E: $152,963 (Included in Asking Price)
Seller Financing: Seller is willing to provide financing for qualified buyers
About the Business
Year Established: 1991
Employees: 10 full time
Facilities: Stand-alone building with office and warehouse space. The seller owns the building and is willing to lease the building to the new owner. Approximately +/- 4,250 sf of warehouse space and +/- 4,250 sf of office space.
About the Sale
Management Training and Support: The seller is willing to train the buyer for an initial period of 3 months or 360 hours at a salary cost of $25,000. The buyer and seller may agree to extend this period after the initial training period has expired, to be charged at the applicable percentage of the owner’s current salary or for a mutually agreed-to fee. In addition, the owner would be amenable to continuing to manage the firm on an ongoing basis should the buyer be a private equity firm or other party who does not wish to actively manage the corporation.
Reason For Selling: The owner is selling the business to capitalize on the equity in the business, pursue other business interests, and spend more time on personal pursuits.
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