Sales of Used & New manufacturing and Other Equipment and Parts

South Carolina
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Asking Price:$1,380,000
Gross Revenue:$1,310,000
Established Year:1967
Cash Flow:$336,988
FF&E:$100,000
BUSINESS DESCRIPTION

Established & Profitable Manufacturing Equipment Sales Company

For over 56 years (since 1967), the business, located in SC, USA has established itself as one of the most established globally recognized brands in the world for used textile machinery and equipment sales. From specializing in textile-related machinery in the 1960’s to diversifying its offerings in the 1990s, today, the company caters to a wide range of industries, including yarn manufacturing, fiber and plastic extrusion, dyeing and finishing, knitting, nonwovens, recycling, converting, and many others. Down the line, they added their e-commerce site that focuses on surplus equipment, parts, and industrial inventory. They boast an impressive track record of estimated total sales between $80-100 million, and consistent estimated annual sales ranging from $1.5 million to over $5 million. Thanks to strong industry relationships, they are able to secure equipment at minimal or scrap value. This provides the unique opportunity for substantial profit margins. The business has built and maintained strong relationships with customers and equipment dealers worldwide, earning a reputation and word of mouth marketing as a reliable supplier. This network forms a rich intangible asset that provides a steady stream of high-quality equipment and a loyal customer base. Acquiring the business is a lucrative opportunity for investors who are looking to enter the used equipment market with an established brand of proven profitability and vast growth potential. For additional information please contact Daniel Ober at daniel.ober@fcbb.com or 717-380-6914


DETAILED INFORMATION
Location
South Carolina
Inventory
Not Included in asking price
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Seller is active with 2FT employees. Hours of operation are 8AM - 5 PM Mon-Fri. $2,000,000± in inventory and $100,00 in FF&E included in the asking price. Standard business license required.
Support & Training
45 Days
Reason for Selling
Retirement
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Daniel
Ober
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Daniel Ober