Listing Number: 13485-620721
Description
This portable business is a highly profitable manufacturer specializing in premium aluminum products. Their most popular and important product is an innovative and distinctive industrial aluminum trash rack. These trash racks, popular with design engineers and developers, are used in stormwater systems, retention ponds, and other areas with high flow drainage requirements. Their innovative style and distinctive design have quickly gained traction in the market, becoming a preferred choice.
To date, they have manufactured nearly 3,500 units of these redesigned racks. Notably, their design remains unmatched, with no competitor successfully replicating or reproducing their distinctive product.
After starting up and proving the value of the innovative product set, the owners now wish to retire and allow someone else to grow the business and capture the untapped market.
The business comes with 1) engineering designs and drawings, 2) proprietary materials and equipment for manufacturing, 3) specialized production best practices, 4) raw material inventory, 5) in place distribution channel, and 6) start-up training.
It has been packaged with the intent that the new owner can easily relocate the business, quickly restart production and resume sales.
Listing Details
- Price: $ 750,000
- Down Payment: $112,000
- Sellers Discretionary Earnings: $ 356,562
- Total Sales: $ 612,815
- Location: Wake County, North Carolina
- Inventory: $ 4,600
- FF&E: $ 44,000
- Employees: 2
- Year Established: 2016
- Reason for Selling: Retirement
- Category: Manufacturing
