Well Established Manufacturing Company of Industrial Equipment!

Virginia

Seller Financing Available

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Asking Price:$6,495,000
Gross Revenue:$3,151,442
Real Estate:$1,500,000
Cash Flow:$1,566,197
EBITDA:$1,299,546
BUSINESS DESCRIPTION

The company specializes in manufacturing proprietary industrial equipment designed for the application of protective coatings on parts and machinery. Its products find application across a diverse range of industries, including the energy sector (oil, gas, and power generation) and various manufacturing fields such as aerospace, automotive, and steel production. Additionally, the company serves specialized sectors like mining, defense, and printing, as well as traditional industries such as coal, paper, film, and tobacco. Founded over 25 years ago by an engineer in the R&D field, the company has since expanded its portfolio to include a variety of specialized equipment catering to these diverse areas. The technology developed by the company competes with older, more established technologies on the market by being both more cost effective and offering greater longevity of parts.


DETAILED INFORMATION
Location
Virginia
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
6,000
Employees
5
Facilities
In excellent condition.
Growth & Expansion
Huge opportunity to grow the business.
Support & Training
Owner will stay to help out with transition.
Reason for Selling
Retirement
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Jerry
Hasanovic
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Jerry Hasanovic