Industrial Equipment Sales & Manufacturing (Ref# 240307)
Material Handling Industry
Business Profile (Reference # 240307)
Established in 2009, this equipment sales business is privately owned and operated in the Midwest. The company is headquartered in a home office with 2 employees in addition to the Owner. The business can be relocated and operated from anywhere. The business provides a wide assortment of machinery and sells into the material handling space.
Equipment
In addition to her own exclusive full line of machinery, the Owner represents an assortment of quality machines produced by others that are also highly regarded in the industry.
In addition to new machinery, the company also buys and sells used machinery.
Growth
The business has been out-performing national forecasts. Nationally, the target manufacturing sector is expected to experience higher sales growth in 2024 according to Inforum and the Interindustry Economic Research Fund. Overall sales are projected to rise 2.7% in 2024 and 4.2% in 2025, then see continued average annual growth of about 4.8% through 2028, according to lnforum and the Interindustry Economic Research Fund, Inc.
Growth & Expansion
This business is highly scalable and the growth a new owner can expect is only limited by motivation and ambition.
Key Considerations
Reasons for Selling
The Seller plans to retire but will stay on through transition and beyond, depending on the needs of the buyer.
Service Area
The business is headquartered in a rural setting in the Midwest, but the company distributes products nationwide and internationally.
Key Considerations
- Established profitable business
- Exclusive product line
- Highly relocatable business
- Industry contacts
- Material handling industry
- Continued strong performance
- Strong Sales Performance
Historical Financials
Year Sales Oper. Profit
2024 $1,607,659 $ 30,209
2023 $2,645,157 $444,591
2022 $4,057,594 $339,045
2021 $3,251,679 $127,285
Asking Price: $1,000,000
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