Manufacturing and Supply Southeast

Sale Pending

Asking Price$2,199,000

Cash Flow
Not Disclosed

EBITDA$487,000

Gross Revenue$3,500,000

Inventory$350,000
Not included in asking price
FF&E$2,200,000
Included in asking price
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Manufacturing and Supply Southeast


Sale Pending

Asking Price$2,199,000

Cash Flow
Not Disclosed

EBITDA$487,000

Gross Revenue$3,500,000

Inventory$350,000
Not included in asking price
FF&E$2,200,000
Included in asking price
Business Description
Manufacturing Heat Source
The Company is a manufacturer of complete lines of Mica Band Heaters, Cartridge Heaters, Strip Heaters, Ceramic Band Heaters, Thermocouples and Resistance Temperature Detectors (RTDs). The Company carries accessories such as temperature controllers, high temperature connection gears, and temperature sensors.
The Company started in 1969 as a catalog-house and distributor of thermal supplies (insulation, heat exchangers, heaters, coolers, various temperature and heat measuring devices, and related industrial heating products), but transitioned into a premier manufacturer.
By 1984, they considered its target market all injection molders and extruders of plastic materials.
They meet the European Commission requirements to receive the CE mark of approval for product quality and testing standards
They are also ISO 9001:2015 certified. This validates that the company’s manufacturing and testing processes meet the requirements of the ISO 9001: Quality Management System (QMS) standards.
Customer Order Defect Rate is
About the Business
Years in Operation
56
Employees
28
Facilities & Assets
This 17,676 sq ft facility rests on a 1.06-acre site and serves as the headquarters. It provides primary manufacturing, accounting, sales/customer support, and technical/engineering support.
Market Outlook / Competition
Every injection mold manufacturer anywhere in the world needs these products.
Opportunities for Growth
The company's growth has historically been the result of their reputation for excellence and reliability. This quality has produced a very stable customer base. Moving forward there is a great opportunity to expand relationships with new OEM's and Major Suppliers.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
17,676
Rent
$10,166.67 per month
About the Sale
Seller Motivation
The founder passed away and the family would like to see the legacy continued
Transition Support
The current President and COO will continue indefinitely for an absentee owner or a short-term transition can be negotiated.
Listing Info
ID
2387323
Listing Views
720

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Business Listed by: John Howard Alliant Capital Advisors LLC

Listing ID: 2387323 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.