Founded in 1975, this manufacturer in the greater Chicago area has experienced much success serving select niche markets. The owner is retiring, providing a unique opportunity to purchase a proven business model with average Seller Discretionary Earnings (SDE) of over 22% each of the past five years.
The management team in place, including the Plant Manager, Product Manager and Controller have a combined 60+ years of experience. A North American manufacturing representative network is also established.
One division of the company provides great historical stability while a second division holds potential for growth and expansion. General and Administrative costs have decreased over the past four years due to increased efficiency in positions, able to do more with less.
Included in sale is all raw material and work in progress inventory, open contracts including a multi-million dollar backlog, customer lists, well maintained manufacturing & office equipment and industry & customer knowledge.
This is an excellent opportunity to purchase a business with a long track record and reliable client base which translates to a very profitable business.
Contact Jerry Pape for more information at 402-201-8708 or [email protected]
